Company: VIST
Filing Date: 2025-04-16
Form Type: 6-K
Source: 0001193125-25-082223
Chunk: 40

Company: Vista Energy, S.A.B. de C.V.
Filing Date: 2025-04-16
Form: 6-K
Chunk 40
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 and facilities; and (xi) coordinating or consolidating corporate and administrative functions.

In addition, unexpected costs and difficulties may arise when businesses with different operations or management are combined, and we may
experience unforeseen delays in achieving the benefits of the PEPASA acquisition. The inability to effectively manage the integration of the PEPASA acquisition could have a material adverse effect on our business, financial condition, results of
operations and cash flow.

The lack of availability of hydrocarbon transportation may limit our ability to increase PEPASA’s hydrocarbon production and may adversely affect our financial condition and results of operations.

PEPASA’s ability to
exploit hydrocarbon reserves depends to a large extent on the availability of transportation infrastructure in commercially acceptable conditions to transport the hydrocarbons produced from the fields to the markets where they are sold.

We have analyzed the available information on PEPASA and understand that it has secured sufficient oil transportation capacity through
existing infrastructure and ongoing expansion projects for current production and a potential increase in production. However, both planned events (such as scheduled maintenance) and unexpected disruptions (including adverse weather conditions,
accidents, union strikes, explosions or environmental incidents) may restrict access to existing oil transportation capacity, potentially limiting production and adversely affecting financial condition and operating results.

In addition, if oil storage and export, transportation and expansion projects are delayed or cancelled, the potential lack of transportation
capacity could limit production growth, affect our ability to meet targets and negatively impact our future financial results.

31

Our business operations and PEPASA’s business operations are highly dependent on the production facilities.

A significant portion of PEPASA’s revenue depends on surface facilities that are key to producing,
transporting, treating and injecting oil and gas into the transportation infrastructure for sale. In order to execute its strategic plan and meet its goals, PEPASA may need to expand its capacity to transport, treat and inject the hydrocarbons
produced. If us and/or the LACh operator are not able to execute these expansion projects, our growth plans could be affected.

Moreover,
while we believe that we maintain adequate insurance coverage and appropriate security measures with respect to such facilities, any material damage, accident at and/or other disruption to such production facilities could have a material adverse
effect on our production capacity, financial condition and results of operations.

PEPASA’s historical operating and financial information may not be indicative of future results.

Operating results could fluctuate for many reasons, including many of the
risks described in this section, which are beyond our control.