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Crown Point Energy Inc V.CWV

Alternate Symbol(s):  CWVLF

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

Bullboard Posts
Comment by STVPon Nov 29, 2011 8:29pm
123 Views
Post# 19276865

RE: RE: RE: RE: No Warrants:

RE: RE: RE: RE: No Warrants:

that's not an exception, many big companies risk a little of their capital by investing in smaller juniors in all type of sectors. Also, considering PRE invested in CGX at 70 cents and has already made more than 50% return in less than a month, it goes to show how much hype is really in CGX currently (remember, this is a pure exploration company with first results till mid year 2012 and no production until earliest 2014/2015). The biggest thing for them right now is they need to know who won the country election. If the opposition wins, then I would be very worried as they have a history of Socialism and have nationalized companies in the past. 

 

Bullboard Posts