Crown Point Energy, Inc. (TSE:CWV) has released an update.
Crown Point Energy, Inc. has released their annual reserves information, highlighting a significant presence of oil and natural gas reserves as of December 31, 2023. The independent evaluation by Sproule Associates Limited shows a detailed breakdown of both gross and net proved plus probable reserves, showcasing the company’s potential in light and medium crude oil, conventional natural gas, and natural gas liquids. Additionally, the report includes an optimistic net present value of future net revenue, emphasizing Crown Point’s promising financial prospects in the energy sector.
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