Crown Point Announces the Commencement of Drilling on 100% Owned Cerro de Los Leones Concession in the Province of Mendoza, A...
10 Enero 2014 - 11:48AM
Marketwired
Crown Point Announces the Commencement of Drilling on 100% Owned
Cerro de Los Leones Concession in the Province of Mendoza,
Argentina
CALGARY, ALBERA--(Marketwired - Jan 10, 2014) - Crown Point
Energy Inc. (TSX-VENTURE:CWV) ("Crown Point" or the "Company") is
pleased to announce that it has commenced drilling operations on a
1,800 to 2,000 meter (subsurface) exploration well located in the
southern portion of the 100% owned Cerro de Los Leones Concession
in the Province of Mendoza, Argentina.
This 100% interest well, La
Hoyada x-1 is being drilled to test the La Hoyada structure which
is the western of two separate structures identified on the
recently shot 3-D seismic program. The well is targeting multiple
conventional formations on the same structural trend which is
productive on the adjacent concession to the south of the Cerro de
Los Leones Concession.
About Crown Point
Crown Point Energy Inc. is an international oil and gas
exploration and development company headquartered in Calgary,
Canada, incorporated in Canada, trading on the TSX Venture Exchange
and operating in South America. Crown Point's exploration and
development activities are focused in the, Neuquén, Austral and
Golfo San Jorge basins in Argentina. Crown Point has a strategy
that focuses on establishing a portfolio of producing properties,
plus production enhancement and exploration opportunities to
provide a basis for future growth.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Crown Point Energy Inc.Murray McCartneyPresident & CEO(403)
232-1150mmccartney@crownpointenergy.comCrown Point Energy
Inc.Arthur J.G. MaddenVice-President & CFO(403)
232-1150amadden@crownpointenergy.comCrown Point Energy Inc.Brian J.
MossExecutive Vice-President & COO(403)
232-1150bmoss@crownpointenergy.comwww.crownpointenergy.com
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