Neuquen Oil Sees Listing

Argentine provincial oil company Gas y Petroleo del Neuquen is planning to hold an IPO by the end of the year, it says. In need of funds to help develop newly certified reserves, it would like to list in Buenos Aires and Toronto. It does not give an indication of how much it would seek to raise in such a transaction, but notes that extracting the resources at the Aguada del Chanar field would require $110m-$120m.