Crown Point Energy (TSE:CWV) has released an update.
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Crown Point Energía S.A. has acquired rights over two hydrocarbon areas in Santa Cruz, Argentina, from Pan American Energy, promising significant investment in the region including a potential total of USD 90.8 million by 2026 and continued development thereafter. This strategic move bolsters Crown Point’s portfolio and operational presence in Argentina, while PAE will concentrate on other projects within Santa Cruz, with substantial investments planned for the coming years.
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