Crown point announces acquisition to increase interest in exploitation concessions in tierra del fuego, argentina

Calgary, alberta, aug. 12, 2024 (globe newswire) -- crown point energy inc. (tsx-v:cwv) ("crown point" or the "company") is pleased to announce that its wholly-owned subsidiary, crown point energia s.a., has entered into a sale and purchase agreement (the “agreement”) with an arm's length party (the "seller") to acquire the seller's 16.9972% non-operating participating interest (the "acquired assets") in the rio cullen, las violetas and la angostura hydrocarbon exploitation concessions (the "tdf concessions") located in the tierra del fuego region of the austral basin in southern argentina (the "acquisition").
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