Alberta, Feb. 22, 2018 -- Crown Point Energy Inc. is pleased to announce that it has filed today a preliminary short for prospectus in each of the provinces of Canada, other than Québec, with respect to an offering of rights to acquire common shares of the Company for minimum gross proceeds of US$8 million and maximum gross proceeds of US$12 million. Pursuant to the Rights Offering, each registered holder of Common [...]
CALGARY, Alberta, Feb. 08, 2018 -- Crown Point Energy Inc. today announced certain reserve information for the year ended December 31, 2017. All dollar figures are expressed in United States dollars unless otherwise stated, and "MUS$" means thousands 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 [...]
CALGARY, Alberta, Jan. 11, 2018 -- Crown Point Energy Inc. today provided an update of its SM x-1001 discovery well in Tierra del Fuego . As previously reported, the well was shut in at the end of September to install recorders and production facilities. Long term production testing from the upper Tobífera formation began on October 10 and between October 10 and December 31, 2017, the well produced a total of [...]
CALGARY, Alberta, Jan. 02, 2018 -- Crown Point Energy Inc. is pleased to announce that it has completed a consolidation of the Company's common shares which was approved by the shareholders of the Company on December 1, 2017. Trading on a post-consolidation basis will commence on the TSX Venture Exchange on or about January 2, 2018. The Company filed articles of amendment on December 31, 2017 to effect the consolidation [...]
Acquisition will Double Production and Reserves Agreements Signed to Acquire Apco Austral S.A. CALGARY, Alberta, Nov. 22, 2017 -- Crown Point Energy Inc. is pleased to announce that it has entered into agreements with Apco Oil and Gas International Inc. and Apco Argentina S.A. , to acquire all of the issued and outstanding shares of Apco Austral S.A. from the Sellers . Acquired Assets Apco Austral holds a 25.7796 [...]
CALGARY, Alberta, Nov. 17, 2017 -- : Crown Point Energy Inc. today announced its operating and financial results for the three and nine months ended September 30, 2017. 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, 2017 are being filed with Canadian securities regulatory [...]
Crown Point Energy is pleased to announce that it has completed its previously announced rights offering which expired on October 19. At closing, Crown Point issued 164,515,222 common shares of the Company at a price of US$0.025 per Common Share for gross proceeds of US$4,112,880.55. A total of 105,181,911 Common Shares were issued pursuant to the basic subscription privilege granted under the Rights Offering, of which [...]
Crown Point Energy today provided an update of its exploration drilling program in Tierra del Fuego. As previously reported, the Company and its partners drilled and cased one exploratory well on each of its Rio Cullen and Angostura concessions in Tierra del Fuego between January and April 2017. The wells were drilled to satisfy the remaining work commitments on both blocks.
Crown Point Energy is pleased to announce that it has filed today a rights offering circular and related notice of rights offering with the securities regulatory authorities in each of the provinces and territories of Canada in connection with an offering of rights to acquire common shares of the Company for gross proceeds of approximately US$4.1 million.
CWV: TSX.V CALGARY, Aug. 17, 2017 /CNW/ - TSX-V: CWV: Crown Point Energy Inc. ("Crown Point", the "Company" or "we") today announced its operating and financial results for the three and six months ended June 30, 2017. Copies of the Company's unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis ("MD&A") filings for the three and six months ended June 30, 2017 are being [...]
CALGARY, ALBERTA--(Marketwired - May 23, 2017) - Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point", the "Company" or "we") today announced its operating and financial results for the three months ended March 31, 2017. Copies of the Company's unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis ("MD&A") filings for the three months ended March 31, 2017 are being [...]
CALGARY, ALBERTA--(Marketwired - Mar 16, 2017) - Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point", the "Company" or "we") today announced its operating and financial results and certain reserve information for the year ended December 31, 2016. Copies of the Company's audited consolidated financial statements and Management's Discussion and Analysis ("MD&A") and National Instrument 51-101 Standards of Disclosure [...]