Radar > 224809

ANCAP seeks partners to expand in Argentina

ANCAP busca socios para crecer en el mercado argentino

Intel ID : 224809
Synopsis

On 5 May 2015, ANCAP, a Uruguay-based oil and gas extraction company, announced through an interview given by its president, José Coya, to newspaper El País de Uruguay, stating the company is still wants to invest in Argentina and is looking for a partner.

The objective is to raise sufficient funds to increase exploration and exploitation works, that require strong investments and which ANCAP is unable to take on by itself.
(content in spanish)

ANCAP, compañía uruguaya de extracción de gas y petróleo, ha anunciado a través de una entrevista realizada por El País de Uruguay el 5 de mayo de 2015 al presidente de la compañía, José Coya, que la entidad sigue interesada en realizar inversiones en Argentina, para lo cual está buscando un nuevo socio.

El objetivo es lograr la financiación suficiente para poder incrementar los trabajos de exploración y explotación, que requieren fuertes inversiones y que ANCAP no está en condiciones de hacer de forma individual.

Issuer

ANCAP
Uruguay

Intel ID 224809
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - ANCAP
(31 Dec 2013)
Revenue: EUR 2.816,62m
Exchange Rate:
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Issuer

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.