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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

Post by Schussing56on Feb 07, 2024 11:19pm
177 Views
Post# 35869061

CWV Trading Halt?

CWV Trading Halt?So, there has been a trading halt on Crown Point Energy Inc. (T.CWV) now for 3 days. Anyone know what's going on? I can only speculate. Perhaps Argentina's new government wants to restructure the contracts of foreign companies doing business there? I think their financials are pretty solid so I don't think it can be insolvency? Perhaps a merger or buyout? Can't find any news anywhere to offer any clues. GLTA!
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