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Crown Point Announces Closing of Strategic Acquisition of Exploitation Concessions in Santa Cruz, Argentina

Newswire.ca - Thu Oct 31, 2024

CWV: TSX.V

CALGARY, AB, Oct. 31, 2024 /CNW/ - Crown Point Energy Inc. (TSXV: CWV) ("Crown Point" or the "Company") is pleased to announce that it has closed the previously announced acquisition of a 100% operating interest in the Piedra Clavada and Koluel Kaike hydrocarbon exploitation concessions (the "Santa Cruz Concessions") from PAN AMERICAN ENERGY S.L., SUCURSAL ARGENTINA (the "Seller"). The Santa Cruz Concessions are located in the Santa Cruz Province, on the southern flank of Golfo San Jorge basin, approximately 200 km southwest of Comodoro Rivadavia.

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