We explore where the opportunity
and the rock take us.
We are pursuing international growth with intention, discipline, and a long-term perspective. Applying the same technical expertise and development mindset that have defined our success in the United States, we focus on opportunities where strong resource potential, quality partnerships, and disciplined execution can create lasting value.
Argentina’s Vaca Muerta shale play stands out as one of the world’s premier unconventional resource basins, and it remains an important area of focus for our company as we continue to build and expand our position. We are highly encouraged by the basin’s long-term potential and see Vaca Muerta as a meaningful growth opportunity. Working alongside experienced, high-caliber operators, we are bringing together technical strength, disciplined execution, and a shared commitment to unlocking long-term value. Our recent transactions in the basin reflect that commitment—from our agreement with Tecpetrol to acquire operated interests in the Los Toldos II Oeste block to our agreement with Pan American Energy to acquire non-operated interests in four additional Vaca Muerta blocks. Taken together, these investments broaden and deepen our position in one of the world’s most compelling shale plays and underscore our belief in its long-term strategic importance to our company.
Türkiye’s Diyarbakır Basin is an opportunity we are pursuing through a joint venture with established operating partners. As evaluation of the basin continues, we are contributing our expertise through a careful, disciplined approach consistent with how we pursue international opportunities. Our focus remains on thoughtful participation, sound technical assessment, and a long-term view of the value the basin may ultimately hold.