Argentinian President Alberto Fernandez said he plans to encourage the development of conventional oil and natural gas reserves, not just the shale resources in the huge Vaca Muerta play. “There is little exploration to find new deposits, and there is very little secondary and tertiary exploitation,” Fernandez said Sunday in a video interview on the news website El Cohete a la Luna. “This has to do with the fact that Argentina fell in love with Vaca Muerta, put all the incentives and efforts there and discouraged conventional production.” He said he is working with his energy secretary, Sergio Lanziani, on proposals to “incentivize” both conventional and shale […]