Argentina's YPF says makes large shale oil find

Tue May 10, 2011 8:30pm BST

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 BUENOS AIRES, May 10 (Reuters) - Argentina's biggest energy
company, YPF (YPFD.BA)(REP.MC), said on Tuesday it had
discovered a shale oil deposit of 150 million barrels in
southwestern Neuquen province.
 "The important thing about this ... is the fact that this
is new energy," Chief Executive Sebastian Eskenazi said, adding
that the find would be equivalent to 35 percent of YPF's
reserves.
 (Reporting by Helen Popper; Editing by Dale Hudson)
 (helen.popper@thomsonreuters.com; +54 11 4318 0655; Reuters
Messaging: helen.popper.reuters.com@reuters.net))



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