Crown Point Energy Inc V.CWV

Alternate Symbol(s): CWVLF

Energy Oil & Gas E&P

Crown Point Energy Inc. is an international oil and gas exploration and development company. Its exploration and development activities are focused in four producing basins in Argentina, the Austral basin in the province of Tierra del Fuego, the Neuquen and Cuyano basins in the province of Mendoza and the Golfo San Jorge basin in the province of Santa Cruz. 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-operated 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. It has a 50% non-operated working interest in the Chanares Herrados Exploitation Concession in the Cuyano Basin representing a total of 10,057 gross acres. It has interest in the Piedra Clavada and Koluel Kaike hydrocarbon exploitation concessions. The Santa Cruz Concessions are in the Santa Cruz Province.

TSXV:CWV - Post by User

Crown Point Energy Inc

Bullboard Posts

Comment by STVPon Nov 17, 2011 1:02pm

128 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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