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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
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Post by Fundspecon Jan 06, 2014 6:42pm
342 Views
Post# 22063661

Tierra del Fuego Concession to also be drilled this Quarter!

Tierra del Fuego Concession to also be drilled this Quarter!
Tierra del Fuego Concession... from the Oct. CWV presentation.

•Concession extension approved (valid through 2026)
•Drilling commencing Q1 2014
• Las Violetas
-10 well program (Phase 1) approved
• 8 development, 2 exploration
•Increase percentage of gas qualifying for higher pricing
•Focus on low
-risk targets with solid economics
•New seismic 2014
–2015; south extension of Los Flamencos
•Increase field capacity late 2014 and 2015
•Intertidal potential (offshore area)

CWV seems very under valued !
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities