YPF CEO to reveal future plans after 100 days

Oil   Oil

BUENOS AIRES, Argentina (AP) — The CEO of Argentina's state-controlled YPF oil company has mapped out ways to woo foreign investors willing to take expensive bets on the nation's vast unconventional oil and gas reserves in a plan he's releasing on Thursday.

The state-run news agency Telam said Miguel Galuccio's 1,000-page plan also lays out how he intends to squeeze more oil and gas out of aging wells and increase domestic oil and gas production in Argentina's refineries, recovering the country's capacity to provide for its own energy needs.

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