Crown Point Ventures Has Finished Drilling of EV 36 Well

- June 8th, 2012

Crown Point Ventures Ltd. (TSXV:CWV) has finished drilling of EV 36 well in the El Valle area of Argentina.

Crown Point Ventures Ltd. (TSXV:CWV) has finished drilling of EV 36 well in the El Valle area of Argentina.

As quoted in the press release:

Crown Point successfully completed a 2.5 metre thick section of the Cañadon Seco formation in the EV 36 wellbore. This zone was perforated and immediately flowed oil. During its evaluation period of two days the well flowed oil through a 12mm choke at an average rate of 370 barrels per day of 97% oil.

Click here to read the Crown Point Ventures Ltd. (TSXV:CWV) press release.

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