
The filing remains under technical and legal review by Río Negro authorities. If accepted, the province must launch a public tender in which the original proponent retains a right of preference. Continental could match a higher third-party bid to secure the block.
While not confirmed, given the size of the area, the La Huella block could be divided during the process.
Details of Continental’s proposed work program, including investment commitments, drilling targets, and exploration timelines, have not been disclosed.
La Huella
La Huella was known as Lago Pellegrini during its conventional stage, during which four wells were drilled, mainly targeting the Precuyo Group at depths of nearly 4,700 m. In its previous tender, late last decade, the block attracted a single bidder: Capex SA.
On the eastern edge of the basin, the Vaca Muerta formation thins considerably. From more than 300 m in the Neuquén core, thickness declines to about 40-50 m, with higher carbonate content and a different pressure regime.
Productive unconventional results have already been reported on Río Negro’s eastern flank. Phoenix Global Resources ’ PET.RN.CoS.x-3(h) well in Confluencia Sur reportedly reached more than 3,100 b/d in initial production tests, providing one of the strongest indications of a play extension.




















