Crown Point Energy Inc.

TSX-V: CWV: Crown Point Energy Inc. today announced certain reserve information for the year ended December 31, 2019. All dollar figures are expressed in United States dollars unless otherwise stated, and "MMUS$" means millions of USD. Gaffney, Cline & Associates Inc. , an independent qualified reserves auditor, audited the oil and natural gas reserves attributable to all of Crown Point’s properties as at December 31 [...]

: Crown Point Energy Inc. today provided an update regarding its operations at Tierra del Fuego . Tierra del Fuego – La Angostura Concession As previously reported, the main San Martin oil well producer, SM x-1001 began to produce some water in late January, 2020 and the water cut subsequently increased in early February to approximately 50% of the total fluid production from this well, which had averaged 1,470 bopd from [...]

: Crown Point Energy Inc. today provided an update regarding its operations at Tierra del Fuego and Cerro de Los Leones . Tierra del Fuego – La Angostura Concession In late January some initial water production was reported from the SM x-1001 oil well. The water cut subsequently increased to approximately 50% of the total fluid production from this well, which had averaged 1,470 bopd from the upper Tobífera [...]

: Crown Point Energy Inc. today provided an operations update on its drilling activities on the Cerro de Los Leones exploration permit. As previously reported in our November 12, 2019 press release, two exploration wells had been scheduled to be drilling during Q3/Q4 2019 on the Company’s operated CLL exploration permit located in the Province of Mendoza . The first of these wells, SRM x-1001D, was drilled to a [...]

Crown Point Energy Inc. announces that further to the Company's news releases dated September 17, 2019 and November 15, 2019 announcing a return of capital to the Company's shareholders of US$0.185 per share , the Return of Capital will be distributed to shareholders pursuant to the TSX Venture Exchange's due bill trading policy. Pursuant to such policy: The record date to determine shareholders of Crown Point entitled to [...]

TSX-V: CWV: Crown Point Energy Inc. today announced its operating and financial results for the three and nine months ended September 30, 2019. Copies of the Company’s unaudited condensed interim consolidated financial statements and management’s discussion and analysis filings for the three and nine months ended September 30, 2019 are being filed with Canadian securities regulatory authorities and will be [...]

Crown Point Energy Inc. is pleased to announce that its board of directors has determined to proceed with the previously announced special distribution to the holders of the Company's common shares . Crown Point will reduce the stated capital of its Shares by US$0.185 per Share to permit the Company to pay a special distribution to Shareholders in the amount of US$0.185 per Share, for a total special distribution of [...]

: Crown Point Energy Inc. today provided an operations update on its drilling activities on the Cerro de Los Leones exploration permit. As previously reported in our August 16, 2019 press release, two exploration wells have been scheduled to be drilling during Q3/Q4 2019 on the Company’s operated CLL exploration permit located in the Province of Mendoza . Drilling operations on the first well, SRM x-1001D, commenced [...]

Crown Point Energy Inc. announces that its board of directors has determined to seek the approval of the holders of its common shares to reduce the stated capital of its Shares by up to US$0.185 per Share to permit the Company to pay a special distribution to shareholders . At June 30, 2019, the Company had working capital of approximately US$18 million, the majority of which was derived from the sale by the Company in [...]

Crown Point Energy Inc. today announced its operating and financial results for the three and six months ended June 30, 2019. Copies of the Company’s unaudited condensed interim consolidated financial statements and management’s discussion and analysis filings for the three and six months ended June 30, 2019 are being filed with Canadian securities regulatory authorities and will be made available under the [...]