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Story perspectives

Continental Resources Acquires Key Argentine Assets in Vaca Muerta

1/5/2026

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Story summary
  • Harold Hamm, owner of Continental Resources, agreed to purchase assets in Argentina from Pan American Energy, focusing on Vaca Muerta.
  • The deal covers non-operating interests in four blocks, with terms undisclosed.
  • Continental Resources President Doug Lawler said Vaca Muerta has strong potential as a leading shale play.
  • Vaca Muerta production has surged to nearly 600,000 barrels per day, about two-thirds of Argentina's crude output, following Milei's deregulation.