Overview
- YPF and Terra Ignis signed definitive agreements transferring operation of Lago Fuego, Los Chorrillos, and TDF Fractions A–E.
- Terra Ignis will assume operations upon required provincial approvals, following an August memorandum and joint technical and environmental reviews.
- The deal forms part of YPF’s Plan 4x4 to reallocate capital toward Vaca Muerta and scale its shale operations.
- Terra Ignis officials said the handover includes environmental liabilities and an additional capital provision from YPF to support new projects.
- Provincial leaders emphasized continuity of production and jobs as well as stable royalties, framing the move as a step toward greater energy sovereignty.