Exploration & Production
Crown Point Reports Completion of Horizontal Argentina Well
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Crown Point Ventures Ltd. ("Crown Point" or the "Company") is pleased to announce that it has successfully completed EV 36 which is the third well of the 2012 drilling program in the El Valle area of Argentina as a successful flowing oil well. To date this year, the Company has drilled and completed three oil wells with the fourth well nearing completion of drilling. Since commencing drilling operations at El Valle, the Company has drilled and completed fifteen wells with a 100% drilling and completion success rate.
The completion rig will be moving later this week to re-commence completion fracturing operations on the second well EV 33.
Completion Update:
EV-36
Crown Point successfully completed a 2.5 metre thick section of the Cañadon Seco formation in the EV 36 wellbore. This zone was…
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