home All News open_in_new Full Article
Crown Point Announces Reserve Information for the Year Ended December 31, 2024
Crown Point Energy Inc. announced reserve information for the year ended December 31, 2024, based on an evaluation by Sproule Associates Limited. The company's proved plus probable (2P) gross reserves increased to 50,517 MBOE, primarily due to the acquisition of a 100% working interest in the Koluel Kaike and Piedra Clavada concessions. The estimated before-tax net present value of the Company’s 2P reserves (discounted at 10%) was $358.9 million. Crude oil accounts for approximately 97% of the Company’s 2P reserves (gross). Pricing assumptions used by Sproule in estimating the reserves data as of December 31, 2024, are provided.
today 56 h. ago attach_file Other
attach_file
Economics
attach_file
Economics
attach_file
Culture
attach_file
Economics
attach_file
Culture
attach_file
Other
attach_file
Other
attach_file
Economics
attach_file
Other
attach_file
Other
attach_file
Culture
attach_file
Other
attach_file
Other
attach_file
Other
ID: 3033427494