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Crown Point Drills On at Argentinean Projects in Q2

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Crown Point Drills On at Argentinean Projects in Q2

Crown Point Energy Inc. announced its operating and financial results for the three and six months ended June 30, 2016.

Operational update   Tierra del Fuego Concession

The Company identified a number of older producing and non-producing wells on the Las Violetas concession as candidates for fracture stimulation during 2016. Four wells were selected for treatment in 2016 and all have been fracture stimulated. Of these one well has been returned to production, one well is being tied in and is expected to be on stream in late August, and two wells are on test and clean up post fracture stimulation.

LV-104, an older producing gas well offsetting LV-112, was successfully fracture stimulated in April 2016 and placed back on production. El Monte-2 (EM-2), located immediately to the west of the…
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