Financial conditions look positive for the producer as its drilling campaign steadily ramps up

Argentina Vaca Muerta Vista Oil & Gas

17 August 2021

Vista turns on the taps in Argentina

The producer is steadily increasing production from its flagship shale project and eyeing further M&A opportunities

Production from the Vaca Muerta shale play is set to climb for Argentina-focused independent Vista Oil & Gas after a hectic dealmaking quarter helped boost the company’s portfolio. The operator reforecast full-year guidance upwards by c.2.7pc after achieving a 67pc increase in output year-on-year in Q2. The main production driver for Vista is its Bajada del Palo Oeste concession. The independent tied in its eighth four-well pad at the field in late June, pushing production ahead of original guidance. And more drilling is planned for the second half of the year. “The increase in guidance for Q4 will put us in a better position to start 2022” Galuccio, Vista “We originally s

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