The Fly | VIST

Dominant Vaca Muerta Acreage: Strategic and extensive land position in the Vaca Muerta shale, a world-class unconventional resource, providing substantial long-term reserve and production potential.

Operational Efficiency & Low Costs: Proven ability to achieve competitive lifting costs and operational efficiency through standardized drilling, completion techniques, and scale within its core assets.

Experienced Leadership Team: A highly seasoned management team with a strong track record of successful unconventional development and navigating the complexities of the Argentine energy market.

Commodity Price Volatility Impacting Revenue and Profitability: Fluctuations in global oil and gas prices directly affect the company's financial performance, making revenue and cash flow forecasting challenging.

Argentine Political and Regulatory Instability Risks: Changes in government policies, export restrictions, price controls, and currency exchange regulations in Argentina can severely impact operations and profitability.

Exploration, Development, and Reserve Estimation Uncertainties: The inherent risks of finding and developing new reserves, alongside potential inaccuracies in estimated reserve volumes, affect long-term production and financial viability.

Charts

Dominant Vaca Muerta Acreage: Strategic and extensive land position in the Vaca Muerta shale, a world-class unconventional resource, providing substantial long-term reserve and production potential.

Experienced Leadership Team: A highly seasoned management team with a strong track record of successful unconventional development and navigating the complexities of the Argentine energy market.