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Crown Point Development Spurred by High Gas Price

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Crown Point Energy Inc. has announced its operating and financial results for the three and six months ended June 30, 2015.

During the first half of 2015 Crown Point completed the drilling of a 2014/2015 fourteen well development, recompletion and exploration drilling program, the drilling of a three well follow up drilling program and a 210 km2 3-D seismic program at Tierra del Fuego. Completion and tie in operations are expected to be finished in the third quarter. The Company is focused on the successful execution of our exploration and development program which we expect to deliver further gains in production. Natural gas production gains are being made with the background of improving domestic Argentine natural gas prices, and Argentina has stronger domestic oil prices than is…
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