Our focus is Latin America, currently with a leading position in Argentina
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 more than 400 wells spanning 134,000 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 February 2020 the company had drilled and completed 12 new Vaca Muerta wells delivering best-in-basin productivity, proving the top-quality of its acreage and its growth capabilities.
In Mexico, Vista acquired a 50% interest of three contracts, for blocks CS-01 and B-10 in the Macuspana basin, and block TM-01 in the Tampico-Misantla basin.
The company keeps evaluating other E&P opportunities in the region.
Our sustainability vision implies integrity, innovation and agility. We work as a team to do things right, the first time and every time. We develop our business in a sustainable way to create value in the present while building a future for generations to come.
We believe that success in acquiring and developing assets in Latin America requires a mix of technical expertise, operating and commercial experience, solid industry networks and proven leadership within the energy industry.
Additionally, we intend to maintain financial and operating flexibility to allow the Company to quickly capture attractive opportunities and effectively compete against other local or international companies in the industry.