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

Post by algroveon Feb 27, 2014 8:23am

208 Views

Post# 22257573

Re today's NR

"Crown Point in March will be resubmitting its application to participate in the new gas natural gas incentive program". Does that mean their original application has been declined? Must be.

Mind you if it had, the PDF drilling will still be very profitable even at current prices. The new pricing will further enhance it. Still, it would have been better for the company to give more detail and avoid any negative speculation.

Bullboard Posts

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