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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

Post by Schussing56on Feb 07, 2024 11:19pm
276 Views
Post# 35869061

CWV Trading Halt?

CWV Trading Halt?So, there has been a trading halt on Crown Point Energy Inc. (T.CWV) now for 3 days. Anyone know what's going on? I can only speculate. Perhaps Argentina's new government wants to restructure the contracts of foreign companies doing business there? I think their financials are pretty solid so I don't think it can be insolvency? Perhaps a merger or buyout? Can't find any news anywhere to offer any clues. GLTA!
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