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.