UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM SD

 

 

SPECIALIZED DISCLOSURE REPORT

 

 

Vista Energy, S.A.B. de C.V.

(Exact name of registrant as specified in its charter)

 

 

United Mexican States

(Jurisdiction of incorporation or organization)

001-39000

(Commission file number)

n/a

(I.R.S. Employer Identification No.)

Pedregal 24, 4th floor

Colonia Molino del Rey, Alcaldía Miguel Hidalgo

Mexico City, Mexico

(Address of principal executive offices)

11040

(Zip code)

Alejandro Cherñacov

Tel.: + 52 (55) 8647-0128

(Name and telephone number, including area code,

of the person to contact in connection with this report)

 

 

Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:

 

Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2023.

 

Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023.

 

 

 


Section 1 - Conflicts Minerals Disclosure

 

Item 1.01

Conflicts Minerals Disclosure and Report

Not applicable.

 

Item 1.02

Exhibit

Not applicable.

Section 2 - Resource Extraction Issuer Disclosure

 

Item 2.01

Resource Extraction Issuer Disclosure and Report

Disclosure of Payments by Resource Extraction Issuers

The payment disclosure required by this Item 2.01 is included as Exhibit 2.01 to this Form SD.

Report on payments to governments for the year ended December 31, 2023

This report provides a consolidated overview of the payments to the Federal Government and Foreign Governments (each, as defined in Form SD, and together “Governments”) made by Vista Energy, S.A.B. de C.V. (“Vista”) and its consolidated subsidiaries for the fiscal year ended December 31, 2023. Unless the context requires otherwise, references in this report to the “Company,” “Vista,” “we,” “us” and “our” refer to Vista and its consolidated subsidiaries. References to “dollars”, “U.S. dollars”, “U.S. dollar” or “US$” are to United States dollars.

All payments are reported in U.S. dollars, which is the presentation currency of our consolidated financial statements. Payments that were made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on the date of payment.

Our business segments

As of December 31, 2023, we considered as a single segment the exploration and production of crude oil, natural gas and LPG (including exploration and production commercial activities), through our own activities, subsidiaries and interests in joint operations and based on the nature of the business, customer portfolio and risks involved. We therefore have only one business segment.

Our projects

This report discloses the payments made by us to Governments for the commercial development of oil, natural gas, or LPG, and which involves the exploration, development and extraction of crude oil, natural gas and LPG.

We organize our operations into 14 blocks, i.e., areas defined by concession contracts or operating contracts signed by Vista. As of December 31, 2023, we have working interests in the following oil and gas blocks in Argentina: (a) a 100% operating interest in the exploitation concessions Bajada del Palo Oeste, Bajada del Palo Este, Aguada Federal, Bandurria Norte, located in the Province of Neuquén (in all cases, as operator); (b) a 84.62% operating interest in the exploitation concession Coirón Amargo Norte, located in the Province of Neuquén (as operator); (c) a 90% operating working interest in the unconventional exploration concession Águila Mora, located in the Province of Neuquén (as operator); and (d) a 1.5% non-operating interest in the exploitation concessions Acambuco, located in the Province of Salta (operated by Pan American Energy).

Additionally, as a result of a transaction between our subsidiary Vista Energy Argentina S.A.U. (“Vista Argentina”) and Petrolera Aconcagua Energía S.A. (“Aconcagua”), effective March 1, 2023, we transferred to Aconcagua the operations of the following conventional blocks in Argentina (“Transferred Conventional Assets”): Entre Lomas Neuquén, located in the Province of Neuquén, and Entre Lomas Río Negro, Jarilla Quemada, Charco del Palenque, Jagüel de los Machos and 25 de Mayo-Medanito SE, located in the Province of Río Negro. As per the agreement


between Vista and Aconcagua (“Conventional Assets Transaction Agreement”), beginning March 1, 2023, Aconcagua will pay 100% of the capex, opex, royalties, taxes, and any other costs associated with the Transferred Conventional Assets, while we will retain a portion of the total production of the Transferred Conventional Assets. See “Item 4—Information on the Company—Business Overview—Transaction to increase focus on shale oil operations in Vaca Muerta” in our Form 20-F for the fiscal year ended December 31, 2023, filed on April 23, 2024.

In Mexico, as of December 31, 2023, we hold a 100% interest in the license agreement entered into with the Comision Nacional de Hidrocarburos for block CS-01, located in Tabasco (as operator).

Section 3 – Exhibits

 

Item 3.01

Exhibits

The following exhibit is filed as part of this report on Form SD.

Exhibit 2.01 – Resource Extraction Payment Report


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

 

VISTA ENERGY, S.A.B. DE C.V.

By:

 

/s/ Alejandro Cherñacov

Name:

 

Alejandro Cherñacov

Title:

 

Strategic Planning and Investor Relations Officer

Dated: September 26, 2024

Exhibit 2.01

Resource Extraction Payment Report

Project-level disclosure

The table below sets forth our payments made to Governments for the fiscal year ended December 31, 2023, by project and type of payment.

 

     For the year ended December 31, 2023
(US$ million) (1)(2)
 
     Taxes (3)      Royalties (4)      Fees      Production
Entitlements
     Bonuses      Dividends      Payments for
infrastructure
improvements
     Community
and social responsibility
payments
     Total  

Argentina

     98.31        153.08        5.27        —         —         —         —         10.83        267.49  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (5)

     98.31        —         0.67        —         —         —         —         10.83        109.81  

25 de Mayo-Medanito

     —         7.39        —         —         —         —         —         —         7.39  

Entre Lomas Río Negro

     —         8.15        0.18        —         —         —         —         —         8.33  

Entre Lomas Neuquén

     —         2.84        0.42        —         —         —         —         —         3.26  

Jarilla Quemada

     —         0.09        —         —         —         —         —         —         0.09  

Charco del Palenque

     —         1.05        0.20        —         —         —         —         —         1.25  

Jagüel de los Machos

     —         7.05        0.11        —         —         —         —         —         7.17  

Bajada del Palo Oeste

     —         106.49        2.45        —         —         —         —         —         108.95  

Bajada del Palo Este

     —         3.66        0.34        —         —         —         —         —         4.00  

Águila Mora

     —         3.04        0.05        —         —         —         —         —         3.09  

Aguada Federal

     —         12.62        0.74        —         —         —         —         —         13.36  

Bandurria Norte

     —         —         0.05        —         —         —         —         —         0.05  

Coirón Amargo Norte

     —         0.49        0.06        —         —         —         —         —         0.55  

Acambuco

     —         0.20        —         —         —         —         —         —         0.20  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Mexico

     —         5.67        —         —         —         —         —         0.67        6.34  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (6)

     —         —         —         —         —         —         —         0.67        0.67  

CS-01

     —         5.67        —         —         —         —         —         —         5.67  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     98.31        158.75        5.27        —         —         —         —         11.50        273.83  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)

Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.

(2)

All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment.

(3)

Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos).

(4)

Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays 100% of these amounts to Vista.

(5)

During the fiscal year 2023, we paid to the Argentine Federal Government the following taxes at an entity level rather than on a per-project basis: (i) Federal income taxes of $53.98 million, as we file a consolidated income tax return in Argentina, which includes all Argentine entities relating to our projects in Argentina; (ii) Export duties of $39.45 million, and (iii) Dividends withholding tax of $4.88 million. Additionally, during the fiscal year 2023, we paid an extraordinary fee to the Provinces of Neuquén and Río Negro related to the Gas IV Plan, which was not assigned to a particular project. Finally, during the fiscal year 2023, we made social responsibility payments to the Argentine Federal Government related to salaries from employees that are not assigned to a particular project.

(6)

During the fiscal year 2023, Vista made social responsibility payments to the Mexican Government related to salaries from employees that are not assigned to a particular project.


Government-level disclosure

The table below sets forth our payments made to Governments for the fiscal year ended December 31, 2023, by government and type of payment.

 

     For the year ended December 31, 2023
(US$ million) (1)(2)
 
     Taxes (3)      Royalties     Fees      Production
Entitlements
     Bonuses      Dividends      Payments for
infrastructure
improvements
     Community
and social
responsibility
payments
     Total  

Argentina

     98.31        153.08  (4)      5.27        —         —         —         —         10.83        267.49  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Federal

     98.31        —        —         —         —         —         —         10.83        109.14  

Neuquén Province

     —         129.14       4.56        —         —         —         —         —         133.70  

Rio Negro Province

     —         23.74       0.71        —         —         —         —         —         24.45  

Salta Province

     —         0.20       —         —         —         —         —         —         0.20  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Mexico

     —         5.67       —         —         —         —         —         0.67        6.34  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Federal

     —         5.67       —         —         —         —         —         —         5.67  

City of Mexico

     —         —        —         —         —         —         —         0.67        0.67  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     98.31        158.75       5.27        —         —         —         —         11.50        273.83  
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)

Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.

(2)

All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment.

(3)

Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos).

(4)

Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays 100% of these amounts to Vista.


Payment details disclosure

The table below provides the details of payments made to Governments for the fiscal year ended December 31, 2023.

 

For the year ended December 31, 2023

    

Amount

(US$ million)

 

Subnational Jurisdiction

  

Government

  

Business segment

  

Project

  

Resource

   Extraction Method      (1)(2)(3)(4)  

Argentina

                    267.49  
                 

 

 

 

Argentine Federal Government

   Argentine Federal Government    N/A    Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (5)    N/A      N/A        109.14  

Neuquén Province

   Government of Neuquén    Exploration and production    Aguada Federal    Oil/natural gas/LPG      Well        13.36  

Neuquén Province

   Government of Neuquén    Exploration and production    Entre Lomas Neuquén    Oil/natural gas/LPG      Well        3.26  

Neuquén Province

   Government of Neuquén    Exploration and production    Bajada del Palo Oeste    Oil/natural gas/LPG      Well        108.95  

Neuquén Province

   Government of Neuquén    Exploration and production    Bajada del Palo Este    Oil/natural gas/LPG      Well        4.00  

Neuquén Province

   Government of Neuquén    Exploration and production    Coirón Amargo Norte    Oil/natural gas/LPG      Well        0.55  

Neuquén Province

   Government of Neuquén    Exploration and production    Águila Mora    Oil/natural gas/LPG      Well        3.09  

Neuquén Province

   Government of Neuquén    Exploration and production    Bandurria Norte    Oil/natural gas/LPG      Well        0.05  

Neuquén Province

   Government of Neuquén    —     Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (6)    —       —         0.45  

Rio Negro Province

   Government of Rio Negro    Exploration and production    Entre Lomas Río Negro    Oil/natural gas/LPG      Well        8.33  

Rio Negro Province

   Government of Rio Negro    Exploration and production    Jarilla Quemada    Oil/natural gas/LPG      Well        0.09  

Rio Negro Province

   Government of Rio Negro    Exploration and production    Charco del Palenque    Oil/natural gas/LPG      Well        1.25  

Rio Negro Province

   Government of Rio Negro    Exploration and production    Jagüel de los Machos    Oil/natural gas/LPG      Well        7.17  

Rio Negro Province

   Government of Rio Negro    Exploration and production    25 de Mayo-Medanito    Oil/natural gas/LPG      Well        7.39  

Rio Negro Province

   Government of Rio Negro    —     Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (6)    —       —         0.22  

Salta Province

   Government of Salta    Exploration and production    Acambuco    Oil/natural gas/LPG      Well        0.20  
                 

 

 

 

México

                    6.34  
                 

 

 

 

Mexican Federal Government

   Mexican Federal Government    N/A    CS-01    N/A      N/A        5.67  
                 

 

 

 

Mexico City

   Government of Mexico City    —     Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level (7)    —       —         0.67  
                 

 

 

 

Total

                    273.83  

 

(1)

Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.

(2)

All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment.

(3)

Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays these amounts to Vista.

(4)

Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos).

(5)

During the fiscal year 2023, we paid to the Argentine Federal Government the following taxes at an entity level rather than on a per-project basis: (i) Federal income taxes of $53.98 million, as we file a consolidated income tax return in Argentina, which includes all Argentine entities relating to our projects in Argentina; (ii) Export duties of $39.45 million, and (iii) Dividends withholding tax of $4.88 million. Additionally, during the fiscal year 2023, we made social responsibility payments to the Argentine Federal Government related to salaries from employees that are not assigned to a particular project.

(6)

During the fiscal year 2023, we paid an extraordinary fee to the Provinces of Neuquén and Río Negro related to the Gas IV Plan, which was not assigned to a particular project.

(7)

During the fiscal year 2023, Vista made social responsibility payments to the Mexican Government related to salaries from employees that are not assigned to a particular project.

v3.24.3
Document Information
12 Months Ended
Dec. 31, 2023
Document Information:  
Document Type 2.01 SD
Amendment false
CIK 0001762506
Registrant Name Vista Energy, S.A.B. de C.V.
Period End Date Dec. 31, 2023
Reporting Currency USD
v3.24.3
Payments, by Category - USD ($)
$ in Thousands
Taxes
Royalties
Fees
Comm. Social Resp.
Total Payments
Total [1],[2] $ 98,310 [3] $ 158,750 [4] $ 5,270 $ 11,500 $ 273,830
[1] All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment.
[2] Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.
[3] Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos).
[4] Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays 100% of these amounts to Vista.
v3.24.3
Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Taxes
[3]
Royalties
[4]
Fees
Comm. Social Resp.
Total Payments
Total [1],[2] $ 98,310 $ 158,750 $ 5,270 $ 11,500 $ 273,830
Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level          
Total [1],[2],[5] $ 98,310   670 10,830 109,810
25 de Mayo-Medanito          
Total [1],[2]   7,390     7,390
Entre Lomas Río Negro          
Total [1],[2]   8,150 180   8,330
Entre Lomas Neuquén          
Total [1],[2]   2,840 420   3,260
Jarilla Quemada          
Total [1],[2]   90     90
Charco del Palenque          
Total [1],[2]   1,050 200   1,250
Jagüel de los Machos          
Total [1],[2]   7,050 110   7,170
Bajada del Palo Oeste          
Total [1],[2]   106,490 2,450   108,950
Bajada del Palo Este          
Total [1],[2]   3,660 340   4,000
Águila Mora          
Total [1],[2]   3,040 50   3,090
Aguada Federal          
Total [1],[2]   12,620 740   13,360
Bandurria Norte          
Total [1],[2]     50   50
Coirón Amargo Norte          
Total [1],[2]   490 $ 60   550
Acambuco          
Total [1],[2]   200     200
Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level          
Total [1],[2],[6]       $ 670 670
CS-01          
Total [1],[2]   $ 5,670     $ 5,670
[1] All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment.
[2] Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.
[3] Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos).
[4] Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays 100% of these amounts to Vista.
[5] During the fiscal year 2023, we paid to the Argentine Federal Government the following taxes at an entity level rather than on a per-project basis: (i) Federal income taxes of $53.98 million, as we file a consolidated income tax return in Argentina, which includes all Argentine entities relating to our projects in Argentina; (ii) Export duties of $39.45 million, and (iii) Dividends withholding tax of $4.88 million. Additionally, during the fiscal year 2023, we paid an extraordinary fee to the Provinces of Neuquén and Río Negro related to the Gas IV Plan, which was not assigned to a particular project. Finally, during the fiscal year 2023, we made social responsibility payments to the Argentine Federal Government related to salaries from employees that are not assigned to a particular project.
[6] During the fiscal year 2023, Vista made social responsibility payments to the Mexican Government related to salaries from employees that are not assigned to a particular project.
v3.24.3
Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Taxes
[3]
Royalties
Fees
Comm. Social Resp.
Total Payments
Total [1],[2] $ 98,310 $ 158,750 [4] $ 5,270 $ 11,500 $ 273,830
ARGENTINA          
Total [1],[2] 98,310 153,080 [4] 5,270 10,830 267,490
ARGENTINA | Federal          
Total [1],[2] $ 98,310     10,830 109,140
ARGENTINA | Neuquén Province          
Total [1],[2]   129,140 4,560   133,700
ARGENTINA | Rio Negro Province          
Total [1],[2]   23,740 $ 710   24,450
ARGENTINA | Salta Province          
Total [1],[2]   200     200
MEXICO          
Total [1],[2]   5,670   670 6,340
MEXICO | Federal          
Total [1],[2]   $ 5,670     5,670
MEXICO | City of Mexico          
Total [1],[2]       $ 670 $ 670
[1] All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment.
[2] Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.
[3] Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos).
[4] Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays 100% of these amounts to Vista.
v3.24.3
Payments, Details - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Amount
[1],[2],[3],[4]
Country
Subnat. Juris.
Govt.
Project
Resource
Segment
Ext. Method
#: 1                
$ 109,140 ARGENTINA   Federal Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level [5]      
#: 2                
13,360 ARGENTINA snj:AR-Q Neuquén Province Aguada Federal Oil/natural gas/LPG Exploration and production Well
#: 3                
3,260 ARGENTINA snj:AR-Q Neuquén Province Entre Lomas Neuquén Oil/natural gas/LPG Exploration and production Well
#: 4                
108,950 ARGENTINA snj:AR-Q Neuquén Province Bajada del Palo Oeste Oil/natural gas/LPG Exploration and production Well
#: 5                
4,000 ARGENTINA snj:AR-Q Neuquén Province Bajada del Palo Este Oil/natural gas/LPG Exploration and production Well
#: 6                
550 ARGENTINA snj:AR-Q Neuquén Province Coirón Amargo Norte Oil/natural gas/LPG Exploration and production Well
#: 7                
3,090 ARGENTINA snj:AR-Q Neuquén Province Águila Mora Oil/natural gas/LPG Exploration and production Well
#: 8                
50 ARGENTINA snj:AR-Q Neuquén Province Bandurria Norte Oil/natural gas/LPG Exploration and production Well
#: 9                
450 ARGENTINA snj:AR-Q Neuquén Province Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level [6]      
#: 10                
8,330 ARGENTINA snj:AR-R Rio Negro Province Entre Lomas Río Negro Oil/natural gas/LPG Exploration and production Well
#: 11                
90 ARGENTINA snj:AR-R Rio Negro Province Jarilla Quemada Oil/natural gas/LPG Exploration and production Well
#: 12                
1,250 ARGENTINA snj:AR-R Rio Negro Province Charco del Palenque Oil/natural gas/LPG Exploration and production Well
#: 13                
7,170 ARGENTINA snj:AR-R Rio Negro Province Jagüel de los Machos Oil/natural gas/LPG Exploration and production Well
#: 14                
7,390 ARGENTINA snj:AR-R Rio Negro Province 25 de Mayo-Medanito Oil/natural gas/LPG Exploration and production Well
#: 15                
220 ARGENTINA snj:AR-R Rio Negro Province Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level [6]      
#: 16                
200 ARGENTINA snj:AR-A Salta Province Acambuco Oil/natural gas/LPG Exploration and production Well
#: 17                
5,670 MEXICO   Federal CS-01      
#: 18                
$ 670 MEXICO   City of Mexico Vista Energy, S.A.B. de C.V. and/or subsidiares – Entity Level [7]      
[1] All payments are reported in U.S. dollars. Payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the exchange rate applicable on or about the date of payment.
[2] Certain monetary amounts and other figures included in this report have been subject to rounding adjustments. Any discrepancies in any tables between the totals and the sums of the amounts are due to rounding.
[3] Reported taxes do not include taxes levied on consumption, such as value added taxes, personal income taxes, or sales taxes (including, for the avoidance of doubt, the Argentine Provincial tax ingresos brutos).
[4] Vista pays royalties to the provincial governments of Argentina related to the Transferred Conventional Assets. As per the Conventional Assets Transaction Agreement, Aconcagua then repays these amounts to Vista.
[5] During the fiscal year 2023, we paid to the Argentine Federal Government the following taxes at an entity level rather than on a per-project basis: (i) Federal income taxes of $53.98 million, as we file a consolidated income tax return in Argentina, which includes all Argentine entities relating to our projects in Argentina; (ii) Export duties of $39.45 million, and (iii) Dividends withholding tax of $4.88 million. Additionally, during the fiscal year 2023, we made social responsibility payments to the Argentine Federal Government related to salaries from employees that are not assigned to a particular project.
[6] During the fiscal year 2023, we paid an extraordinary fee to the Provinces of Neuquén and Río Negro related to the Gas IV Plan, which was not assigned to a particular project.
[7] During the fiscal year 2023, Vista made social responsibility payments to the Mexican Government related to salaries from employees that are not assigned to a particular project.

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