<SEC-DOCUMENT>0000893838-16-000151.txt : 20160915
<SEC-HEADER>0000893838-16-000151.hdr.sgml : 20160915
<ACCEPTANCE-DATETIME>20160915095619
ACCESSION NUMBER:		0000893838-16-000151
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160915
FILED AS OF DATE:		20160915
DATE AS OF CHANGE:		20160915

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			YPF SOCIEDAD ANONIMA
		CENTRAL INDEX KEY:			0000904851
		STANDARD INDUSTRIAL CLASSIFICATION:	PETROLEUM REFINING [2911]
		IRS NUMBER:				521612271
		STATE OF INCORPORATION:			C1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12102
		FILM NUMBER:		161886426

	BUSINESS ADDRESS:	
		STREET 1:		AVENIDA PTE R SAENZ 777-8 PISO
		CITY:			BUENOS AIRES 1364 AR
		STATE:			C1
		BUSINESS PHONE:		5413267265

	MAIL ADDRESS:	
		STREET 1:		AVENIDA PTE R SAENZ 777-8 PISO
		CITY:			BUENOS AIRES
		STATE:			C1
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ypf6k09142016.htm
<DESCRIPTION>LETTER DATED SEPTEMBER 13, 2016
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">FORM 6-K</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">SECURITIES AND EXCHANGE COMMISSION</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Washington, D.C. 20549</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Report of Foreign Issuer</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">Pursuant to Rule 13a-16 or 15d-16 of</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">the Securities Exchange Act of 1934</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">For the month of September, 2016</div>

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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">Commission File Number: 001-12102</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;<font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 12pt; FONT-WEIGHT: bold">YPF Sociedad An&#243;nima</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">(Exact name of registrant as specified in its charter)</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">&#160;&#160;<font style="DISPLAY: inline; FONT-FAMILY: Arial; FONT-SIZE: 12pt; FONT-WEIGHT: bold">Macacha G&#252;emes 515</font></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">C1106BKK Buenos Aires, Argentina</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">(Address of principal executive office)</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">Indicate by check mark whether the registrant files or will file</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">annual reports under cover of Form 20-F or Form 40-F:</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">Form 20-F</div>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">Form 40-F</div>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">Indicate by check mark if the registrant is submitting the Form 6-K</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">in paper as permitted by Regulation S-T Rule 101(b)(1):</div>

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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">Indicate by check mark if the registrant is submitting the Form 6-K</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt"></div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Arial; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">in paper as permitted by Regulation S-T Rule 101(b)(7):</div>

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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">TABLE OF CONTENTS</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: 12pt; MARGIN-RIGHT: 0pt">1&#160;&#160;&#160; Translation of letter to the Buenos Aires Stock Exchange dated September 13, 2016</div>

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<div style="TEXT-ALIGN: right; FONT-VARIANT: normal; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: small; MARGIN-RIGHT: 0pt"></div>

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<div style="TEXT-ALIGN: right; FONT-VARIANT: normal; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: small; MARGIN-RIGHT: 0pt"></div>

<div style="TEXT-ALIGN: right; FONT-VARIANT: normal; FONT-STYLE: normal; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 0pt; FONT-SIZE: small; FONT-WEIGHT: normal; MARGIN-RIGHT: 0pt">Autonomous City of Buenos Aires, September 13, 2016</div>

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<div style="TEXT-ALIGN: left; FONT-VARIANT: normal; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: small; MARGIN-RIGHT: 0pt">To the</div>

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<div style="TEXT-ALIGN: left; FONT-VARIANT: normal; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 0pt; FONT-SIZE: small; FONT-WEIGHT: bold; MARGIN-RIGHT: 0pt">(Buenos Aires Stock Exchange)</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">
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<div style="TEXT-ALIGN: left; FONT-FAMILY: Times New Roman; FONT-WEIGHT: normal"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-WEIGHT: bold; TEXT-DECORATION: underline">Re</font>:&#160; <font style="FONT-VARIANT: normal; FONT-SIZE: small">Relevant Information</font></div>
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<div style="TEXT-ALIGN: justify; FONT-VARIANT: normal; FONT-STYLE: normal; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: small; FONT-WEIGHT: normal; MARGIN-RIGHT: 0pt">&#160;</div>

<div style="TEXT-ALIGN: left; FONT-VARIANT: normal; FONT-STYLE: normal; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-LEFT: 0pt; FONT-SIZE: 10pt; FONT-WEIGHT: normal; MARGIN-RIGHT: 0pt">
<div style="TEXT-ALIGN: justify; FONT-VARIANT: normal; FONT-STYLE: normal; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 12pt; FONT-SIZE: small; FONT-WEIGHT: normal">The purpose of this letter is to comply with the requirements of Article 23 of Chapter VII of the Buenos Aires Stock Exchange Regulations.</div>

<div style="TEXT-ALIGN: justify; FONT-VARIANT: normal; FONT-STYLE: normal; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 12pt; FONT-SIZE: small; FONT-WEIGHT: normal">In that connection, YPF S.A. (the "Company") informs that, within the context of the Public Hearing convened by Ente Nacional Regulador Del Gas ("ENARGAS") through Resolutions No. I-3953/16 and I-3957/16 and supplementary resolutions (the "Resolutions"), the Company submitted to the aforementioned regulatory agency a simulation of estimated prices needed to develop and exploit different types of gas under current industry conditions. In accordance with the Resolutions, the Hearing will be held on September 16, 2016 at 9:00 am and will consider (a) the reallocation of tariffs at the Transportation System Entry Points ("TSEPs") and (b) the temporary tariff schedules for transportation and distribution, which will be in effect until the final approval of tariff schedules resulting from the Comprehensive Tariff Review procedure.</div>

<div style="TEXT-ALIGN: justify; FONT-VARIANT: normal; FONT-STYLE: normal; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: small; FONT-WEIGHT: normal">This simulation of estimated prices considered a discount rate of 13% and the resulting values of the aforementioned estimate, under specific conditions and processing parameters, result in estimated prices of approximately U.S.$7.60/mmBtu, U.S.$6.20/mmBtu and U.S.$4.00/mmBtu for shale gas, tight gas and conventional gas, respectively. This estimate also assumed a scenario of growth in gas production under the aforementioned parameters. These estimates:</div>

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<div style="TEXT-ALIGN: justify">Do not represent an investment or production promise, nor an estimate of what the price of any contracts that will be negotiated in a market is or will be, nor a statement regarding the internal production costs of the Company;</div>
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<div style="TEXT-ALIGN: justify">Do not represent all the elements and considerations for making investment decisions or selling products and services by the Company;</div>
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<div style="TEXT-ALIGN: justify">Do not represent a specific evaluation of a particular project or a particular set of projects by the Company, nor does it constitute an opinion regarding the evolution of the Company's future costs and prices;</div>
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<div style="FONT-VARIANT: normal; FONT-STYLE: normal; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: small; FONT-WEIGHT: normal">&#160;</div>

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<div style="TEXT-ALIGN: left; FONT-VARIANT: normal; FONT-STYLE: normal; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: small; FONT-WEIGHT: normal">Demonstrate only the representative values of the projects organized by category or type of exploitation of natural gas that are being developed or that could be developed in the industry's current state, that is, with the technology, costs of supplies and services, production, interests and financial costs, taxes and bonuses, as well as other current variables usually considered by a natural gas producer.</div>
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<div style="FONT-VARIANT: normal; FONT-STYLE: normal; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: small; FONT-WEIGHT: normal"><br>
 Yours faithfully,</div>
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<div style="TEXT-ALIGN: center; FONT-VARIANT: normal; FONT-STYLE: normal; FONT-FAMILY: 'Times New Roman'; FONT-SIZE: small; FONT-WEIGHT: bold">SIGNATURE</div>

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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">Date: September 15, 2016</div>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">By:</div>
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<div style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt">/s/ <font style="DISPLAY: inline">Diego Cela&#225;</font></div>
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<div style="TEXT-ALIGN: left; FONT-VARIANT: normal; FONT-STYLE: normal; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 0pt; FONT-SIZE: small; MARGIN-RIGHT: 0pt">Name:</div>

<div style="TEXT-ALIGN: left; FONT-VARIANT: normal; FONT-STYLE: normal; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 0pt; FONT-SIZE: small; MARGIN-RIGHT: 0pt">Title:</div>
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<div style="TEXT-ALIGN: left; FONT-VARIANT: normal; FONT-STYLE: normal; TEXT-INDENT: 0pt; DISPLAY: block; FONT-FAMILY: 'Times New Roman'; MARGIN-LEFT: 0pt; FONT-SIZE: small; MARGIN-RIGHT: 0pt">Diego Cela&#225;<br>
 Market Relations Officer</div>
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##__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
