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Other

Crown Point Announces Reserve Information for the Year Ended December 31, 2025

By The Northwire Desk — AI Analysis Mar 11, 2026 · 18:33 CWV · 0.225 Crown Point Energy Inc.
CWV · Price

Executive Summary

  • Crown Point Energy released its audited 2025 reserve estimates, showing a 42% increase in gross 2P reserves to 71,580 MBOE (up from 50,517 MBOE in 2024).
  • The before‑tax net present value (NPV) of 2P reserves at a 10% discount rose to US$420.8 million (vs. US$358.9 million in 2024), driven primarily by recent acquisitions in the El Tordillo, La Tapera and Puesto Quiroga concessions.
  • Crude oil now represents ~95% of gross 2P reserves, with natural gas and NGLs comprising the remaining ~5%; roughly 30% of the NPV is attributed to proved developed producing assets.

Key Details

  • Reserve Quantities (as of Dec 31 2025 – forecast prices & costs)
  • Total Gross 2P Reserves: 71,580 MBOE (Net: 60,758 MBOE)
  • Proved Gross: 47,800 MBOE (Net: 40,344 MBOE)

  • Probable Gross: 21,549 MBOE (Net: 18,185 MBOE)

  • Reserve Category Breakdown (Gross/Net)

  • Developed Producing – Oil: 12,099 Mbbl / 10,158 Mbbl; Gas: 7,245 MMcf / 6,233 MMcf; NGLs: 10 Mbbl / 8 Mbbl → 20,274 MBOE (Gross)
  • Developed Non‑Producing – Oil: 7,403 Mbbl / 6,263 Mbbl; Gas: 1,813 MMcf / 1,560 MMcf; NGLs: 761 Mbbl / 629 Mbbl → 9,343 MBOE (Gross)

  • Undeveloped – Oil: 6,749 Mbbl / 5,738 Mbbl; Gas: 1,074 MMcf / 924 MMcf; NGLs: 666 Mbbl / 551 Mbbl → 7,934 MBOE (Gross)

  • NPV of Future Net Revenue (US$ million, before tax)

  • Total 2P Gross NPV @0% discount: 1,135.4; @10% discount: 420.8

  • Proved NPV @10%: 222.6; Probable NPV @10%: 198.2

  • Acquisition Impact – The increase in reserves is primarily attributable to the acquisition of a 95 % working interest in the El Tordillo, La Tapera and Puesto Quiroga concessions (closed Oct 1 2025 & Dec 1 2025). This added ~21,000 MBOE to 2P reserves, partially offset by 2025 production of 3,300 MBOE.

  • Pricing Assumptions – Forecast oil and gas prices used for reserve valuation are detailed in the release (e.g., Brent $63.92/bbl in 2026 rising to $85.70/bbl by 2035; natural gas $3.39/Mcf in 2026 increasing modestly thereafter). Inflation rate assumed at 2 % per annum from 2027 onward.

  • Reserve Composition – Crude oil accounts for ~95 % of gross 2P reserves (down from 97 % in 2024); natural gas and NGLs together represent the remaining ~5 %.

  • Future Outlook – The company intends to seek an extension of the TDF concession term beyond its August 2026 expiry.

Notable Quotes

  • “The substantial growth in our reserve base reflects the successful execution of our acquisition strategy and reinforces Crown Point’s position as a leading oil producer in Argentina.” – Brian Moss, Interim President & CEO.
Read the original news release →

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M&A / Property