|Bid||0.54 x 0|
|Ask||0.62 x 0|
|Day's Range||0.6200 - 0.6300|
|52 Week Range||0.3600 - 0.8900|
|Beta (3Y Monthly)||-0.11|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 15, 2018 - Nov 19, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
Crown Point Energy Inc. (CWV.V) ("Crown Point" or the "Company") announces that a decision has been released by the arbitration tribunal (the "Tribunal") formed to consider the claims made by Roch S.A. ("Roch") in respect of the Company's acquisition of Apco Austral S.A. ("Apco Austral"). On June 7, 2018, the Company closed the acquisition (the "Acquisition") of all of the issued and outstanding shares of Apco Austral from Pluspetrol Resources Corporation ("Pluspetrol") for US$28.4 million of cash consideration plus up to US$9 million of contingent royalty payments.
CALGARY, Alberta, Oct. 05, 2018 (GLOBE NEWSWIRE) -- (CWV.V): Crown Point Energy Inc. (“Crown Point” or the “Company”) today provided an operations update on its activities in Tierra del Fuego. As previously reported in our August 29, 2018 press release, two appraisal wells have been drilled on the San Martin structure located on the Company's La Angostura concession (net working interest 51.56%). During the first 45 days of production, SM a-1002 produced a total of 13,873 cubic meters (87,258 bbls) of 35° API light oil or an average of 308 cubic meters per day (1,937 bbls/d) plus 1 cubic meter (6 bbls) of basic sediment and water.
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