Exploration & Production
Crown Point Details Latest Argentinean Plans, Investments
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Crown Point Energy Inc. has reported an operational update for its 25.78% interest Las Violetas Exploitation Concession in theProvince of Tierra del Fuego and for its 100% interest Neuquén Basin, Cerro de Los Leones Exploration Concession in the Province of Mendoza.
Tierra del Fuego, Austral BasinCrown Point and its partners are currently reviewing several drilling rig options and negotiations are underway to obtain and import a drilling rig into Tierra del Fuego to conduct a multi-well and multi-year drilling program on its 25.78% interest Las Violetas Exploitation Concession in the Province of Tierra del Fuego. Drilling operations are expected to commence in the fourth quarter of 2013. The initial program of 8 wells is part of a multi-well drilling campaign to exploit the…
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