CWV.V - Crown Point Energy Inc.

TSXV - TSXV Delayed Price. Currency in CAD
0.5900
0.0000 (0.00%)
At close: 12:33PM EDT
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Previous Close0.5900
Open0.5900
Bid0.4900 x 0
Ask0.5800 x 0
Day's Range0.5900 - 0.6000
52 Week Range0.3000 - 0.8900
Volume334
Avg. Volume9,158
Market Cap43.013M
Beta (3Y Monthly)-0.56
PE Ratio (TTM)5.78
EPS (TTM)0.1020
Earnings DateMar 22, 2019 - Mar 25, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est1.00
  • GlobeNewswire24 days ago

    Crown Point Completes Sale of a 16.8251% Participating Interest in Exploitation Concessions in Tierra del Fuego, Argentina

    Crown Point Energy Inc. (CWV.V) ("Crown Point") is pleased to announce that its wholly-owned subsidiary, St. Patrick Oil & Gas S.A. (formerly named Apco Austral S.A.) ("St. Patrick"), has completed the sale (the "Disposition") to its joint venture partners (the "Purchasers") of a 16.8251% participating interest in the Rio Cullen, Las Violetas and La Angostura hydrocarbon exploitation concessions located in the Tierra del Fuego region of the Austral basin in southern Argentina (the "TDF Concessions").  As a result of the Disposition, Crown Point's participating interest in the TDF Concessions has decreased from 51.56% to 34.7349%. St. Patrick received US$13.5 million in cash (the "Base Price") as consideration for the Disposition, and will also receive certain contingent consideration (the "Additional Consideration").  The Base Price was paid free and clear of any deduction, discounts, withholdings and any applicable taxes (other than any stamp taxes that apply, which will be shared equally between St. Patrick and the Purchasers, and other than any applicable taxes arising from any amount payable on account of the Additional Consideration).

  • GlobeNewswirelast month

    Crown Point Signs Agreement to Sell a Portion of its Participating Interest in Exploitation Concessions in Tierra del Fuego, Argentina Pursuant to Exercise of ROFRs

    Crown Point Energy Inc. (CWV.V) ("Crown Point") is pleased to announce that its wholly-owned subsidiary, St. Patrick Oil & Gas S.A. (formerly named Apco Austral S.A.) ("St. Patrick"), has entered into an agreement with its partners to sell a portion of its participating interest in the Rio Cullen, Las Violetas and La Angostura hydrocarbon exploitation concessions located in the Tierra del Fuego region of the Austral basin in southern Argentina (the "TDF Concessions"). In June 2018, Crown Point acquired St. Patrick (the "Acquisition") from a third party (the "Vendor") for US$28.4 million of cash consideration plus up to US$9 million of contingent royalty payments pursuant to a royalty agreement (the “Royalty Agreement”) during a ten-year period commencing on January 1, 2018 (the “Royalty Period”).  In addition, Crown Point paid US$4.4 million of withholding taxes to Argentine tax authorities in connection with the Acquisition.  St. Patrick holds a 25.7796% participating interest in the TDF Concessions.  Following the completion of the Acquisition, Crown Point and its subsidiaries collectively hold a 51.56% participating interest in the TDF Concessions.

  • GlobeNewswire2 months ago

    Crown Point Announces Stock Option Grant

    CALGARY, Alberta, April 03, 2019 -- TSX-V:  CWV: Crown Point Energy Inc. (the “Company”) announces that the board of directors of the Company has granted, pursuant to the.

  • GlobeNewswire2 months ago

    Crown Point Announces Operating and Financial Results for the Three Months and Year Ended December 31, 2018

    Copies of the Company’s audited consolidated financial statements and management’s discussion and analysis (“MD&A”) filings for the year ended December 31, 2018 are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedar.com and on the Company’s website at www.crownpointenergy.com. The SM a-1002 appraisal well produced a total of 189,429 bbls of 35 API gravity oil (gross) plus 572 bbls of basic sediment and water.

  • GlobeNewswire2 months ago

    Crown Point Announces Reserve Information for the Year Ended December 31, 2018

    CALGARY, Alberta, March 06, 2019 -- (TSX-V:  CWV): Crown Point Energy Inc. (“Crown Point”, the “Company”, "we" or "our") today announced certain reserve information for the.

  • GlobeNewswire3 months ago

    Crown Point's Partners Exercise Rights of First Refusal

    Crown Point Energy Inc. (CWV.V) ("Crown Point") is pleased to provide an update regarding its acquisition of St. Patrick Oil & Gas S.A. (formerly Apco Austral S.A.) ("SPOG"). Pursuant to the Joint Operating and Union Transitoria de Empresas Agreement governing the TDF Concessions (the "UTE Agreement"), SPOG's partners (each an "UTE Partner") had a right of first refusal ("ROFR") to acquire SPOG's Participating Interest in the TDF Concessions.  One of the UTE Partners disputed the validity of the ROFR notices issued by SPOG and the Vendor to the UTE Partners and, among other things, commenced arbitration proceedings against SPOG and the Vendor under the UTE Agreement in order to have an arbitration tribunal consider and rule on the dispute.

  • GlobeNewswire4 months ago

    Crown Point Takes Steps to Implement Arbitration Award

    Crown Point Energy Inc. (CWV.V) ("Crown Point") announces that it has taken steps to implement the decision of the arbitration tribunal (the "Tribunal") formed to consider the claims made by Roch S.A. ("Roch") in respect of Crown Point's acquisition of St. Patrick Oil & Gas S.A. (formerly Apco Austral S.A.) (the "Company"). In June 2018, Crown Point acquired all of the issued and outstanding shares of the Company (the "Acquisition") from a third party (the "Vendor") for US$28.4 million of cash consideration (the "Base Price") plus applicable taxes plus up to US$9 million of contingent royalty payments.  The Company holds a 25.7796% participating interest (the "Participating Interest") in the Rio Cullen, Las Violetas and La Angostura hydrocarbon exploitation concessions located in the Tierra del Fuego region of the Austral basin in southern Argentina (the "TDF Concessions").  US$27 million of the Base Price corresponded to the Company's Participating Interest in the TDF Concessions and the remaining amount corresponded to certain working capital items.

  • GlobeNewswire5 months ago

    Arbitration Tribunal Releases Decision in respect of Apco Austral Acquisition

    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.

  • GlobeNewswire6 months ago

    Crown Point Announces Operating and Financial Results for the Three and Nine Months Ended September 30, 2018

    Copies of the Company’s unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) filings for the three and nine months ended September 30, 2018 are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedar.com and on the Company’s website at www.crownpointenergy.com. In the following discussion, the three and the nine months ended September 30, 2018 may be referred to as “Q3 2018” and “the September 2018 period”, respectively, and the comparative three and nine months ended September 30, 2017 may be referred to as “Q3 2017” and “the September 2017 period”, respectively.