CruzSur Receives a Natural Gas Purchase Offer for Maria Conchita Field

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[{"type":"text","content":"\n\n\n\nCruzSur Receives a Natural Gas Purchase Offer for Maria Conchita Field\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Sept. 5, 2019\n\n\n\nVANCOUVER, Sept. 5, 2019 /CNW/ - CruzSur Energy Corp. (the \"Company\" or \"CruzSur\") (TSXV: CZR), announces it has received a natural gas purchase offer for the Maria Conchita field in Colombia from Energy Transitions SAS ESP. This is a binding offer to purchase the natural gas delivered at the well head for 10 years. With this agreement, Energy Transitions SAS ESP will install the treatment facilities at its own risk and infrastructure necessary to transport the gas according to the adopted monetization scheme (CNG, LNG, Gas to Power, pipeline, etc.) and will have the right of first purchase option for any gas that CruzSur and/or its affiliates produces in their other blocks such as SN-9 and Tiburon. \nEnergy Transitions SAS ESP partners have more than 17 years of experience in the development of natural gas businesses in Colombia, in applications such as CNG, LNG, Gas to Power, NGV and gas pipelines. Currently, this company has strategic allies to develop projects in a short term and under the fulfillment of all the technical and quality standards required by the Oil & Gas Industry. \nAbout CruzSur Energy Corp. \nCruzSur Energy Corp. is a publicly traded E&P company focused on proven oil & gas plays in Latin America. The Company holds a large diversified portfolio of producing, development and unexploited assets in Colombia and Argentina where it will leverage its amplitude of technical expertise and proven track record building companies and creating value.\nComplete reports and statements are available on SEDAR at www.sedar.com and on the Company website http://www.cruzsur.energy.\nForward-Looking Information\nExcept for the statements of historical fact, this news release contains \"forward-looking information\" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release.&...

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