Vista Oil & Gas plans to invest $157.4 million in its first pilot projects in Vaca Muerta, betting on the Argentinian shale play for oil and natural gas production growth. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Mexico City-based company got a 35-year production license for a block in the play that it plans to divide in two for the projects, it said in a statement Thursday. The company will target shale oil in the projects in Vaca Muerta, one of the world’s largest shale plays. The start of the projects hinges on the signing of a decree by Omar Gutierrez, the governor of Neuquen, home to the blocks, it added. Once approved, the company will divide Bajada del Palo into Bajada del Palo Este and Bajada del Palo Oeste. On the first, it plans to invest $51.8 million in […]