Company: VIST
Filing Date: 2025-04-16
Form Type: 6-K
Source: 0001193125-25-082223
Chunk: 31

Company: Vista Energy, S.A.B. de C.V.
Filing Date: 2025-04-16
Form: 6-K
Chunk 31
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 of December 31, 2024, Vista Argentina had 488 direct employees. Business Overview Vista Argentina has high-quality production assets and low operating costs in Argentina. Led by a team of world-class professionals, it seeks to maximize returns for its shareholders through the efficient development of its assets in the Vaca Muerta formation. Vista Argentina also has a strong balance sheet and is strongly focused on the sustainability of its operations. For the fiscal year ended December 31, 2024, Vista was the second largest shale oil producer in Vaca Muerta and the third largest oil producer in Argentina, according to information from the Argentine Secretariat of Energy, and reported a total production of 66,641 boe/d for such period (equivalent to 69,660 boe/d at the consolidated level of Vista). As of December 31, 2024, the Company had 342.9 MMboe of proven reserves, 98% of which are located in shale fields, and 86% of which are oil. As of December 31, 2024, up to 1,000 potential high-return well locations had been identified for development on approximately 180,000 acres in Vaca Muerta, of which 550 are in the Bajada del Palo Oeste concession; 150 in Bajada del Palo Este, 100 in Águila Mora, 75 in Aguada Federal, 75 in Bandurria Norte, and 50 in Coirón Amargo Norte. Even considering the increase in activity reported to the market by the Company for the year 2025, this represents a drilling inventory of more than 15 years, while there is potential to increase this inventory, mainly through the evaluation of other sailing horizons. Effective January 1, 2025, Vista Argentina absorbed AFBN, which held the remaining 50% interest in Aguada Federal and Bandurria Norte, through a corporate reorganization process. Thus, Vista Argentina incorporates 75 potential well locations in Aguada Federal, 75 potential well locations in Bandurria Norte, resulting in a total inventory of 1,150 locations, and 22.5 MMboe of proved reserves as of December 31, 2024, resulting in a total of 365.5 MMboe of proved reserves as of December 31, 2024 (1).

| (1) | As of December 31, 2024, the consolidated proven reserves of Vista were 375.2 MM