Crown Point Energy Inc V.CWV

Alternate Symbol(s): CWVLF

Energy Oil & Gas E&P

Crown Point Energy Inc. is a Canada-based junior international oil and gas company. The Company is involved in the exploration for, and development and production of petroleum and natural gas in Argentina. The Company’s projects include Cerro de Los Leones, Tierra del Fuego and Chanares Herrados. It has a 100% working interest in the 101,208-acre Cerro de Los Leones Exploration Concession located in the Neuquen Basin. It has a 34.74% non-operating working interest in the Rio Cullen, La Angostura, and Las Violetas Exploitation Concessions in the Austral Basin of Tierra del Fuego, representing a total of 489,000 gross acres (169,880 net acres). It has a 50% non-operating working interest in the Chanares Herrados Exploitation Concession in the Cuyano Basin, representing a total of 10,057 gross acres (5,029 net acres). The Company’s subsidiaries include CanAmericas (Argentina) Energy Ltd. and Crown Point Energia S.A.

TSXV:CWV - Post by User

Crown Point Energy Inc

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Comment by STVPon Nov 17, 2011 1:02pm

125 Views

Post# 19245475

RE: STVP

A company that is only spending around $1.5 million to drill a well and the potential to get over 100 million boe reserves by end of 2012 is worth more than 10 times the market cap that CWV currently have and once those 100 million boe becomes proven the market will give it that 10 times plus valuation.

So say whatever you want, facts are facts.

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