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Vista Oil & Gas Priced, NYSE: VIST

Oil and gas E&P operating in Mexico and Argentina.

Industry: Energy

First Day Return: -1.6%

Industry: Energy

We are an independent Latin American oil and gas company. We went public in 2017 as a blank check company, and we completed our initial business combination and commenced operations on April 4, 2018. In our initial business combination, we acquired Petrolera Entre Lomas S.A. and APCO Entities from Pampa EnergĂ­a S.A. and Pluspetrol Resources, respectively. We own assets in Argentina and Mexico, with most of our production and revenues originating in Argentina. In addition, most of our ongoing drilling and workover activities, estimated proved reserves and assets are located in Argentina, including our currently-producing Vaca Muerta wells. Led by an experienced management team, we seek to generate strong returns for our shareholders by leveraging our strong cash flow-producing conventional assets and developing our premier shale acreage in our approximately 134,000 net acres in the Vaca Muerta shale play in Argentina, as well as by increasing the oil recovery factor of the conventional assets we operate in Argentina, which is currently lower than the average 15% recovery factor observed in analogous on-shore fields with a solution gas drive drainage mechanism. Since the beginning of our operations, we increased our net acreage in Vaca Muerta by adding approximately 15,000 net core acres and acquired a 50% participation interest in three on-shore blocks in Mexico. As of March 31, 2019, we were the sixth largest oil producer in Argentina according to the Argentine Secretariat of Energy.
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IPO Data
IPO File Date 07/02/2019
Offer Price $9.25
Price Range $9.25 - $9.25
Offer Shares (mm) 10.0
Deal Size ($mm) $93
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/25/2019
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $93
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Mexico City, Mexico
Founded 1968
Employees at IPO 251
Website www.vistaoilandgas.com

Vista Oil & Gas (VIST) Performance