BUENOS AIRES Dec 24 Gas y Petroleo del Neuquen
SA (GyP), the oil and gas company owned by Argentina's Neuquen
province, plans to auction exploration rights to six blocks in
the Vaca Muerta shale play, local media reported on Saturday.
Company representatives will travel to Dallas in January to
drum up interest from U.S. independent exploration and
production companies for the auction, GyP President Alberto
Saggese told Argentine newspaper Rio Negro.
Vaca Muerta, one of the world's largest shale formations,
has attracted investment from Exxon Mobil Corp and
Chevron Corp, but remains largely unexplored.
Argentina's government has sought foreign investment in Vaca
Muerta to drive economic growth and overcome an energy deficit.
(Reporting by Luc Cohen; Editing by Dan Grebler)