Billionaire Peter Thiel buys 1% stake in Argentine Vaca Muerta oil firm, filing shows

Billionaire Peter Thiel has acquired a 1% stake in Vista Energy, an oil firm operating within Argentina's Vaca Muerta region. This investment was revealed through official filings, confirming Thiel's entry into the Argentine energy sector. The acquisition focuses on the company's activities in one of the world's most significant shale formations. The move highlights the billionaire's strategic interest in the oil production capabilities of Vista Energy and the potential of the Vaca Muerta oil field.