Peter Thiel Bets $76 Million on Argentina’s Vaca Muerta Shale | HappeningNow.news

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Peter Thiel Bets $76 Million on Argentina’s Vaca Muerta Shale

Palantir chairman and hedge fund owner Peter Thiel bought a 1% stake in one of the biggest companies operating in the Vaca Muerta shale f…

Source OilPrice Story Brief Updated 1h 05m ago
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Story Brief

Palantir chairman and hedge fund owner Peter Thiel bought a 1% stake in one of the biggest companies operating in the Vaca Muerta shale formation in Argentina in the latest evidence of the play’s prospects as the world’s second-largest shale oil and gas deposit amid a global crunch.

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