Pérez Alati and Vinson & Elkins in a US$ 120 million prepaid forward sale of crude oil to provide financing to Pan American Energy

Pérez Alati, Grondona, Benites, Arntsen & Martínez de Hoz(h) and Vinson & Elkins have advised on the recently closed US$120 million prepaid forward sale of US-delivered WTI crude oil between Chase Manhattan International Ltd., as purchaser, and Pan American Energy LLC, Argentine Branch.