As reported by Sott in Spanish:
http://es.sott.net/article/43502-Intrigante-flotilla-OVNI-sobre-Santiago-Chile
I remember seeing a much older video (like from the 90's) of very similar lights making maneuvers over the same city, Santiago. That, plus the fact that these new videos were caught from two different angles (it looks like both were the same event), plus the reactions of the teenagers makes me think it's likely to be the real thing.
http://es.sott.net/article/43502-Intrigante-flotilla-OVNI-sobre-Santiago-Chile
I remember seeing a much older video (like from the 90's) of very similar lights making maneuvers over the same city, Santiago. That, plus the fact that these new videos were caught from two different angles (it looks like both were the same event), plus the reactions of the teenagers makes me think it's likely to be the real thing.