El Medanito: The Ministry of Energy and Mining of La Pampa makes the Data Room available to the Legislature

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This additional report on the “El Medanito” Hydrocarbon Area was prepared by Pampetrol SAPEM professionals based on the information contained in and supporting the Prefeasibility Study prepared by Geoinnovar, which was submitted to the Labor Commission in October 2024 and sent to the Legislature last February.

Access will be enabled starting tomorrow, Tuesday, July 8, 2025, at the Pampetrol SAPEM offices and will contain all the primary technical information (without interpretation or projections), allowing each legislator to analyze and evaluate the data independently.

This supplementary report reinforces the Ministry of Energy’s position -stated the government- regarding the greater complexity of analysis and greater information provided by the Feasibility Study submitted to the Legislature, confirming that its conclusions arise mainly from the raw information provided by a Data Room.

Therefore, Feasibility Study already includes various scenarios related to royalties, access bonuses, and necessary investments for the best productive project in the area, as tools to establish the boundary conditions for the bidding process, authorities said

Available information:
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Sahara Project in the “El Medanito” area, including historical oil, gas, and water production data, water injection, interventions carried out per well, and ASCII files of facilities.
Well electrical profiles (LAS format).
Geological profiles (lithological).
Core data.
Executive summary of the general status of the area (“Executive Report”).
GIS file with locations, wells, surface facilities, and roads.
3D seismic data without interpretation (SGY format).
Historical Excel/Access file of gas, oil, and water production, and water injection (with monthly values per well).
Preliminary diagnosis of the current situation of contractors and labor associated with the area.
Environmental information.

Confidentiality Agreement
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In compliance with current legislation on the protection of industrial, commercial, and contractual data, data must be treated strictly confidentially, as established in the Civil and Commercial Code and the Criminal Code.

It should be reiterated that the so-called “Data Rooms” are accessible to bidders within a specific stage of the bidding processes and no records have been found of these being sent to provincial legislatures. For this reason, it is prudent to protect the people, organizations and companies involved since the information contained in the Data Room includes sensitive and strategic technical data of high economic value, such as geological and electrical profiles, production history and infrastructure maps.

Access and consultations
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The link to the Data Room will be digital and will require the signing of a formal confidentiality agreement. It will allow those who enter to access the data room under secure and controlled conditions, allowing each legislator to conduct an independent analysis based on their own technical and political criteria, the official announce concluded.

Additional data
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Petroquímica Comodoro Rivadavia (PCR) is the company that held the concession for the El Medanito oil area.
Renegotiation Agreement: The Executive Branch authorized the signing of a renegotiation agreement with PCR, indicating an interest in maintaining operations in the area.
Tensions and Agreements: Recently, there has been tension between the PCR and oil workers, but agreements have been reached to avoid production stoppages and forced worker furloughs.
Concession Expiration: The current concession operated by PCR is about to expire, and projects for its renewal have been submitted, although they are still awaiting decisions from the Legislature.
Production Impact: The company has warned that it could halt production at El Medanito if certain issues related to the concession aren’t solved on time.