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Crown Point Energy (CWVLF)

Crown Point Energy (CWVLF)
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Crown Point Energy Inc was originally incorporated under the BCBCA on March 16, 1966. It is an oil and gas exploration and development company which aims to be an exploiter and aggregator of low to medium risk, high growth oil and gas opportunities in South America. All of the oil and gas assets of the company are presently in Argentina. The Company's assets are the Tierra del Fuego Concessions in the Tierra del Fuego region of the Argentina Austral basin, the El Valle Area and the Cañadón Ramirez Concession in the Golfo San Jorge basin, and the Cerro de Los Leones and Laguna de Piedra Permits in the Neuquén basin. The Company focuses on operated high working interest properties with an emphasis on oil maintaining a low to medium risk profile, with a drilling depth range between 1,000 metres to 3,000 metres. While continuing with the development of oil prospects, the Corporation is actively pursuing other gas focused opportunities to take advantage of higher prices obtainable through participation in certain incentive programs in Argentina. The oil and natural gas industry is subject to environmental laws and regulations under varied governmental legislation.
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