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:Reported 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.
Reporting from 2 identified publishers across this event arc.
