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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 BlindBoyon Apr 16, 2004 10:18am
234 Views
Post# 7363827

RE: Doesn't Look Good - littlejoept

RE: Doesn't Look Good - littlejoept appreciate your input regarding "drilling" logistics, as I've never participated in that activity and am not well versed regarding such. one thing that doesn't help the current circumstance, is that there has been no coordination of news release between the 3 companies that have made a statement, and the spin varies considerably from "happy" (GUL) to "don't have the answers yet" (VUL), with CWV in the middle. imo, the disappointing thing is that the operator and main participant, CEX, has failed to make any statement whatsoever! I would have thought they would be the first out of the gate, making a statement on behalf of the joint-venture. whatever, all we can do is wait and see how things play out from here. good luck all.
Bullboard Posts