Shell Plc (SHEL): Shell opens treatment plant In Argentina...

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Re: eFinanceMarkets post# 415

Wednesday, 04/19/2017 12:41:59 PM

Wednesday, April 19, 2017 12:41:59 PM

Shell opens treatment plant In Argentina's Vaca Muerta shale play

Royal Dutch Shell (RDS.A, RDS.B) says it has opened a treatment plant for shale oil and gas in Argentina's Vaca Muerta shale play.

Shell says the plant has the capacity to process up to 10K bbl/day from the Sierras Blancas, Cruz de Lorena and Coiron Amargo Sur Oeste blocks the company operates.

The plant is part of Shell's plan to invest $300M/year through 2020 in Argentina in exploration, refining, distribution and marketing.

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