MEXICO CITY— Mexico's Vista Oil & Gas has raised 2.031 billion pesos (US$107 million) in a primary public share offering to help finance development of shale oil projects in Argentina, the firm said on July 26.
Vista said in a statement it had placed 11.5 million shares in a simultaneous offer on the Mexican and New York stock exchanges, priced at 176.58 pesos each.
The share offering, the first so far this year in the local market, was coordinated by Citigroup Global Markets and Credit Suisse Securities, the company said.
RELATED:
Vista Oil & Gas To Form First Vaca Muerta Shale Midstream Company
Recommended Reading
Analysts: DOE’s LNG Study Will Result in Few Policy Changes
2024-12-18 - However, the Department of Energy’s most recent report will likely be used in lawsuits against ongoing and future LNG export facilities.
Enbridge Deals with Clean-Up of Wisconsin Pipeline Oil Spill
2024-12-20 - Enbridge estimates 1,650 bbl have leaked from its Line 6 before repair, an incident that has given fodder to opponents of another Enbridge project.
Appeals Court Rules in Favor of FERC-Permitted Indiana NatGas Line
2025-01-08 - “As night follows day, an environmental challenge follows the approval of a natural gas pipeline,” a Court of Appeals, D.C. Circuit panel said in ruling in favor of a Boardwalk Pipeline expansion project.
Trump to End Need for Some LNG Export Permit Renewals, Sources Say
2025-01-15 - Trump, who takes office on Jan. 20, has said he would issue an LNG order on day one that would end the pause on approvals for new LNG projects that outgoing President Joe Biden put in place in January last year.
Trump Prepares Wide-Ranging Plans to Boost Gas Exports, Oil Drilling
2024-11-26 - Sources say that Trump will lift Biden's pause on LNG export licenses, expedite drilling permits on federal land and boots auctions of offshore drilling leases.