Crown Point Energy Inc.

CALGARY, ALBERTA--(Marketwired - Nov 21, 2014) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) today provided an update on its 14-well development, exploration and recompletion program at its Tierra del Fuego ("TDF") concessions in Argentina, in which Crown Point has a 25.78% working interest. "The latest update provides further evidence that we are able to increase TDF production as our [...]

Crown Point today announced that it has signed a US$15 million investment agreement under which it will raise new capital through an issue of 51,724,138 common shares on a private placement basis at a price of US$0.29 per Share to two strategic investors based in Argentina. Crown Point also announced details of a new loan facility. "This Agreement will strengthen our balance sheet with significant new capital and will [...]

CALGARY, ALBERTA--(Marketwired - Nov 13, 2014) - Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point" or the "Company") announced today, further to the news release dated November 11, 2014, that it has received a shareholder meeting requisition from LAIG Oil Investments, which purports to hold 6,943,200 common shares of the Company, pursuant to the provisions of the Business Corporations Act (Alberta). The requisition [...]

Crown Point Rejects Demand and Adopts Shareholder Rights Plan CALGARY, ALBERTA--(Marketwired - Nov 11, 2014) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) advises shareholders that it has received correspondence from an activist investor that demands an exclusive right to negotiate a change-of-control equity financing with Crown Point. In the letter, the activist threatens to launch a [...]

Crown Point Also Provides Update on Exploration Program CALGARY, ALBERTA--(Marketwired - Nov 11, 2014) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) today announced the completion of two more oil and gas development wells under a 14-well development, exploration and recompletion program at its Tierra del Fuego ("TDF") concessions in Argentina. Crown Point, which has a 25.78% working [...]

CALGARY, ALBERTA--(Marketwired - Oct 21, 2014) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) is pleased to provide an operational update. "Crown Point's priority during the second half of 2014 has been to build Crown Point's Tierra del Fuego production base through the successful completion of the ten well program currently being drilled and through the fracture treatment program of four [...]

CALGARY, ALBERTA--(Marketwired - Aug 27, 2014) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) today announces its operating and financial results for the three and six months ended June 30, 2014. Copies of the Company's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") are being filed with Canadian securities regulatory [...]

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CALGARY, ALBERTA--(Marketwired - Jul 3, 2014) - Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point" or the "Company") advises that the second well of the Tierra del Fuego ("TDF") drilling program, LF-1027, has been drilled and cased as a potential natural gas well. The well encountered approximately 16 metres of gross sand in the Springhill formation The initial completion operations of this well are expected to [...]

CALGARY, ALBERTA--(Marketwired - Jun 24, 2014) - Crown Point Energy Inc. ("Crown Point" or the "Company") (TSX VENTURE:CWV) advises that it has suspended completion and evaluation operations on the La Hoyada x-1 well for the duration of the Argentine winter. Crown Point plans to return to the well after winter to install pumping equipment and conduct a long term production test. Seven Vaca Muerta igneous intrusives [...]