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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

Comment by Schussing56on Jan 08, 2021 8:44am
465 Views
Post# 32252354

RE:CWV and CTA Combined....

RE:CWV and CTA Combined....CTA's current market cap is roughly $30 million, but I think share price is still down significantly due to Covid 19.  Should be more recovery over the next 6 months to 1 year.  When CTA was Madalena Energy their shares were trading up around 25 cents so, the combination with CWV should be well over $100 million.  CTA has a lot of shares outstanding (544 million).  You'll likely get 1 CWV share for every 5 CTA shares, something like that.  Good luck!
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