Brief: Crown Point Qtrly Oil And Natural Gas Revenue $5.8 Mln, Down From $19.4 Mln In Q4 2018

Crown Point Energy

24/04/2020 02:31

April 23 (Reuters) - Crown Point Energy Inc  CWV.V :
    * CROWN POINT ANNOUNCES OPERATING AND FINANCIAL RESULTS FOR
THE
THREE MONTHS AND YEAR ENDED DECEMBER 31, 2019
    * CROWN POINT ENERGY - PAID A RETURN OF CAPITAL DISTRIBUTION
TO
SHAREHOLDERS IN AMOUNT OF $0.185 PER COMMON SHARE FOR CASH
PAYMENT OF APPROX. $13.5 MILLION
    * CROWN POINT ENERGY  - QTRLY OIL AND NATURAL GAS REVENUE 
$5.8
MILLION , DOWN FROM $19.4 MILLION IN Q4 2018
    * CAPITAL EXPENDITURE BUDGET FOR FISCAL 2020 IS $1.4 MILLION
    * Q4 2019 WORKOVER SCHEDULED FOR GAS WELL LF-1029 HAS BEEN
DEFERRED UNTIL SECOND HALF OF 2020
    * NO DRILLING WAS CARRIED OUT ON LAS VIOLETAS CONCESSION
DURING Q4
2019

Source text for Eikon:  ID:nGNX9DTp4P 
Further company coverage:  CWV.V 

 ((Reuters.Briefs@thomsonreuters.com;))