Pan American Energy and Crown Point Energía reach agreement for assignment of rights over two hydrocarbon areas in Santa Cruz and announce investment commitments in the province

CALGARY, Alberta, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Pan American Energy (PAE) and Crown Point Energía S.A. (a wholly owned subsidiary of Crown Point Energy Inc. ("Crown Point") (TSXV – CWV)) have reached an agreement for the assignment of PAE's rights over the Piedra Clavada and Koluel Kaike areas in the province of Santa Cruz, which produce oil and natural gas. The assignment was approved by the provincial authorities, giving rise to the beginning of a transition process to ensure the operational continuit ...