Event Brief
Continental Resources joins $4B Vaca Muerta shale venture
By The BriefBrief · Sources (2)
Filed: Aug 20, 2026 at 2:18 PM ET
Summary: Continental Resources will take half of Mercuria-controlled Phoenix Global Resources in a Vaca Muerta shale venture. The project is planned to involve more than US$4 billion of investment over five years.
WHO: Continental Resources and Mercuria-controlled Phoenix Global Resources
WHAT: Continental Resources joins a Vaca Muerta shale venture by taking half of Phoenix Global Resources.
WHEN: Aug 20, 2026 at 12:49 PM ET
WHERE: Argentina
WHY: To participate in a planned Vaca Muerta shale venture with more than US$4 billion of investment over five years.
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