Brief: Crown Point Energy Says Mendoza Province Reviewing Its Economic Offer To Acquire 25 Year Exploitation Concession For Chañares Herrados Block
28/12/2020 12:34
Dec 28 (Reuters) - Crown Point Energy Inc CWV.V :
* CROWN POINT ENERGY INC - MENDOZA PROVINCE REVIEWING CO'S
ECONOMIC OFFER TO ACQUIRE 25 YEAR EXPLOITATION CONCESSION FOR
CHAÑARES HERRADOS BLOCK
* CROWN POINT ENERGY INC - BID INCLUDES CASH PAYMENT OF
US$8.3
MILLION (US$4.15 MILLION NET TO CROWN POINT), 13% ROYALTY ON OIL
PRODUCTION
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