Investor Presentaiton
YPF
Transaction Overview
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Acquisition of 100% of Apache operations in Argentina and subsequent sale
of some Vaca Muerta acreage to Pluspetrol
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Net value of transaction 583 MUSD
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• YPF will pay 800 MUSD for all assets plus working capital
• Pluspetrol will acquire from YPF Vaca Muerta acreage for 217 MUSD (1)
All cash transaction: 50 MUSD at signing and balance at closing
YPF finances 150 MUSD with a 2-year credit facility and balance with cash on hand
Producing assets: 46.800 Boe/d (2) (74% natural gas - 26% liquids)
Proven reserves: 135 Million Boe (3)
Closing date: On or before March 13, 2014
In connection with the transaction, the Company obtained a 8.5 bn ARS line
of credit from the Argentine Treasury
(1) Includes 51,000 prospective acres
originally from YPF
(2) As of December 2013 (3) Based on Apache's unaudited reserves report as of June 2013 considering Rio
Negro concession extension
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