Thiel Invests in Argentina's Vaca Muerta Shale Play Vista Energy
US billionaire venture capitalist Peter Thiel has acquired a stake in Vista Energy, one of Argentina's leading oil and natural gas producers in the Vaca Muerta Shale.
The company produces around 160,000 boe/d (barrels of oil equivalent per day) from this significant shale play.
Vista is also expanding into data centers in Patagonia, a move that could attract potential investments and create jobs in the region.