According to media information, the President of the state owned company Gas y Petróleo del Neuquén SA (GyP) has communicated that such company is preparing a public bid for seven (7) hydrocarbon blocks in the area of the Vaca Muerta formation, ranked as having one of the world's most important non conventional hydrocarbons technically recoverable reserves.

Representatives of GyP plan to make a road show in Dallas, Texas early 2017 to promote the blocks and investment thereof, the media article reads.

The blocks that would be included in the public bid are: (i) Parva Negra Oeste, (ii) Cerro Arena Sur, (iii) Las Tacanas Norte, (iv) Bajo del Toro Este, (v) Aguada de Castro Sur, (vi) Aguada de Castro Norte; and (vii) La Tropilla.