Replies to post #53 on Centaurus Energy Inc (CTARF)

[rattlewatch]

Think we're fine even with these changes, if they happen Blushing. Just my guess of course, but this article does show that Argentina is trying to make it more attractive to investment but the local governments don't sound very willing to give much away. Also thinking Madalena as a junior, still has far less than the $250M investment mentioned even with the recent GTE acquisition, imho.

[rattlewatch]

Here's a pretty good article on Argentina O&G. Well costs coming down and big players moving in.

xxxxxxxxxxxxxx

Industry News - Competitive Landscape Tips Towards More IOCs - JULY 2014
Americas June 2014 / Argentina / Industry

"Growing prospectivity: Results from drilling campaigns in the Vaca Muerta are amongst the best of any shale play globally. The increased data available is also pointing towards a more attractive geology: testing suggests high carbon content, increasing the resource base, and high reservoir pressure, aiding production."

http://www.oilandgasinsight.com/industry-news-competitive-landscape-tips-towards-more-iocs-july-2014