It also has signed an initial memorandum of understanding that will kick off seismic for three new areas, as well as pledging cooperation on various other aspects, YPF said in a statement.
"During the last year, three contracts have been signed for studies, with the product being an exploration agreement on the Yuchan block which is close to being signed," said the Argentine company, a majority stake of which was expropriated from Spanish major Repsol last year.
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