Closing of the asset swap with Total Austral
Buenos Aires, August 16, 2023. Pampa Energía S.A. (‘Pampa’ or the ‘Company’; NYSE: PAM; ByMA: PAMP) announces that today, after the completion of precedent conditions, we executed the asset swap with Total Austral S.A. (Argentine Branch), culminating in the acquisition of the Rincón de Aranda block, as previously announced on June 26, 2023.
Hence, Pampa becomes the sole owner of Rincón de Aranda and begins the development of shale oil, diversifying the asset portfolio and reinforcing the commitment to developing Vaca Muerta reserves.
For more information, please contact:
Gustavo Mariani – CEO
Nicolás Mindlin – CFO
Lida Wang – Investor relations and sustainability officer – email@example.com
Josefina Espinoza Paz – Press officer – firstname.lastname@example.org
The Pampa Energía Building
Maipú 1, (C1084ABA), Buenos Aires, Argentina
Phone: +54 (11) 4344 6000