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Crown Point Touts Results from Two Neuquen Well Recompletions

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Crown Point Touts Results from Two Neuquen Well Recompletions

Crown Point Energy Inc. announced the test results of the Vega del Sol x-1 and Vega del Sol x-3 recompletion programs at its 100% working interest Cerro de Los Leones (CLL) concession located in the Neuquén Basin, Argentina.

The Company commenced operations to re-enter and re-test the Vega del Sol x-1 and Vega del Sol x-3 wells in the CLL concession in November 2015. The Company's objective was to re-enter and recomplete the oil bearing Chachao formation encountered in the Vega del Sol x-1 well, and to perforate and test up to three intervals within the Neuquén Group penetrated by the Vega del Sol x-3 well, for which well logs and sample descriptions indicate the potential for bypassed oil and gas pay. The Vega del Sol x-1 well was drilled by YPF in 1995 and during an extended production…

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