Investing
in Argentina's energy potential

Creating long-term value through disciplined investment, deep local expertise and operational execution.

01 / About us

Investing
in production

Terra Oil LLC acquires, redevelops, and scales primarily producing conventional oil and gas assets in Argentina, giving investors structured access to established fields with existing infrastructure and experienced operators.

Argentina is undergoing a unique portfolio rotation. As major companies concentrate capital on Vaca Muerta, high-quality conventional assets are being divested — creating a window to acquire producing fields with significant remaining value.

Terra Oil is positioned to capture this opportunity, while expanding into opportunistic exploratory and unconventional projects, energy services for Vaca Muerta and critical minerals.

02 / The strategy

The upside comes from redevelopment: well reactivation, targeted workovers, secondary recovery, and selective infill drilling — all within producing assets.

Beyond its initial investments, Terra Oil is a scalable investment and operating platform for additional upstream and midstream opportunities across Argentina.

Investment principles

  1. 1

    Long-life reserves

    Producing assets with established reserves and extended production horizons.

  2. 2

    Infrastructure advantage

    Existing infrastructure reduces capital intensity and accelerates value creation.

  3. 3

    Local operating expertise

    Experienced operators with deep knowledge of Argentina's basins.

  4. 4

    Disciplined capital allocation

    Rigorous investment criteria and clearly defined return thresholds.

  5. 5

    Resilience through commodity cycles

    Asset selection and cost discipline to preserve value across oil price environments.

03 / The Argentine context

Conventional production remains a core part of Argentina's energy landscape

Argentina is one of Latin America's leading hydrocarbon producers. At the same time, Argentina is implementing market-oriented reforms to attract long-term private capital and expand energy exports.

We see a unique window in Argentina: while capital is increasingly focused on unconventional resources, producing conventional assets with significant remaining potential are becoming available. Terra Oil was created to capture that opportunity.
Doris Capurro, Founder & CEO

Santa Cruz conventional cluster

Three contiguous concessions. One integrated development plan.

Terra Oil's initial investment is a producing oil and gas portfolio in the San Jorge Basin, one of Argentina's most prolific basins.

The portfolio comprises
3 contiguous concessions:

El Guadal
Lomas del Cuy
Cañadón Yatel
Cerro Piedra
Cerro Guadal Norte

The concessions share production, transportation and processing infrastructure, enabling an integrated development strategy.

Key asset metrics

~6,000 boe/d
Production base at acquisition
2,600 km²
Total concession area
Into the 2040s
Long-dated concession terms
3 contiguous concessions.

04 / The team

Institutional experience.
Local execution.

Combining institutional investment discipline with on-the-ground experience in Argentina's energy sector.

Doris Capurro

Founder & CEO

Doris Capurro

Former Vice President of YPF (2012–2015), where she played a key role in the early commercial development of Vaca Muerta and in building the framework for strategic partnerships with Chevron, Dow and Petronas.

An entrepreneur with 30+ years in corporate strategy, communications, public affairs and business development.

Sociologist, Universidad de Buenos Aires.

Pablo Petrillo

Co-founder & CFO, Terra Oil

Pablo Petrillo

Former Financial Associate at Castlelake L.P., a global alternative investment firm, where he spent six years evaluating and managing investments across complex asset classes.

Previously, he spent seven years at YPF's upstream business in accounting, investor relations, planning and financial reporting.

Master in Finance with Honors, UCEMA. Accountant, Universidad de Buenos Aires.

05 / Partners

Our partners

Aligned with experienced investors and operators across global and Argentine energy markets.

An upstream energy investment platform led by Ali Moshiri, former President of Chevron Africa and Latin America.

AMOS invests alongside Terra Oil in Santa Cruz, bringing decades of international upstream experience.

Ali Moshiri

A US-based investment firm and equity partner in the Santa Cruz transaction, providing institutional capital.

Operator of the Santa Cruz conventional assets, with extensive experience operating oil and gas fields in Argentina. ROCH provides the local operating and technical capabilities to execute the redevelopment strategy.

Argentina-based energy investment origination and strategic development firm. LUFT identifies opportunities, structures partnerships, and brings together international capital, asset owners and operators.