Argentina's state oil company YPF agreed Friday to extend its operation until 2027 in partnership with a local unit of China's Sinopec oil in an area of ​​a province in the center-west of the country, which represent an investment of $ 300 million, the company said in a statement. The new agreement between the two firms, whose contract expired working together in late 2016, provides for a change in the participation of society, with 70 percent by YPF and 30 percent for Sinopec Argentina versus ratio prior 60-40. It is the exploration and development in the productive area La Ventana, located in the province of Mendoza Argentina and has an area of ​​480 square kilometers. The area currently produces about 6,000 barrels a day.
