Argentina’s president to announce major oil find

Posted on May 10, 2011 • Filed under: Argentina, Business, Oil

Argentine President Cristina Fernandez will announce a major shale oil discovery by the country’s largest oil and gas company, YPF SA YPF +4.47% , on Tuesday afternoon, according to the presidency’s press office. The announcement is scheduled for 3:30 p.m. EDT and could be the biggest oil find in nearly 20 years, the press office said in a statement posted on its website. Read Article

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