Vista Oil & Gas

Vista is a leading independent operator, with its main assets in Vaca Muerta, the largest shale oil and shale gas play under development outside North America. The company was listed as a SPAC in Mexico in 2017 and subsequently listed on the NYSE in 2019, after having purchased two companies with a full operating platform in Argentina in 2018. Vista’s investment thesis is to develop its high-return shale oil drilling inventory of up to 700 wells spanning 157.800 Vaca Muerta acres, while leveraging its cash-flow generating conventional producing assets and spare capacity in legacy infrastructure to treat and evacuate incremental production. Since 2018, Vista ignited a strong growth trajectory, showing solid production results to date. By June 2021 the company had drilled and completed 32 Vaca Muerta wells delivering best-in-basin productivity, proving the top-quality of its acreage and its growth capabilities. In Mexico, Vista acquired a 100% interest of the contract for block CS-01 in the Macuspana basin. The company keeps evaluating other E&P opportunities in the region.