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Crown Point Energy Inc V.CWV

Alternate Symbol(s):  CWVLF

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

Comment by Schussing56on Jan 08, 2021 8:44am
432 Views
Post# 32252354

RE:CWV and CTA Combined....

RE:CWV and CTA Combined....CTA's current market cap is roughly $30 million, but I think share price is still down significantly due to Covid 19.  Should be more recovery over the next 6 months to 1 year.  When CTA was Madalena Energy their shares were trading up around 25 cents so, the combination with CWV should be well over $100 million.  CTA has a lot of shares outstanding (544 million).  You'll likely get 1 CWV share for every 5 CTA shares, something like that.  Good luck!
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