For Investors Only: This Will Be Fun To Watch

Reuters is reporting:

Argentina's Supreme Court on Tuesday lifted a freeze that had been placed on Chevron Corp assets in the country, clearing the way for the U.S. oil giant to go ahead with a shale oil venture with Argentina's YPF.

Chevron has signed an agreement with YPF to invest up to $1.5 billion in the Vaca Muerta shale megafield, located in Argentina's southern region of Patagonia.

Late last year an Argentinean judge ordered a freeze on up to $19 billion worth of assets held by Chevron in Argentina as part of an environmental lawsuit by Ecuadorean villagers who say the company is responsible for contamination.

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