Project - Calandria Mora

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OVERVIEW

Exploratory Block on the Northeast Shelf of the Neuquén Basin

Operated by RepsolYPF – Argentina’s largest oil company

Block size: 156.8 km2 (38,745 acres)

Proximity to prolific producing fields such as Chuihuido de la Sierra Negra (YPF)

Total 3D seismic coverage

Source Rock: Vaca Muerta Formation

Primary target zone: Avile member of Agrio Formation

Additional potential targets: Mulichinco and Tordillo

Play concept: Structural and Stratigraphic

CALANDRIA MORA

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... about Argentina

Stable Political Environment
Large Provincially Controlled Concessions
Good Exploration Opportunities
Opportunities to Reactivate Previously suspended / abandoned wells
Low Operating Costs in comparison to Canada
Substantial movement within exploration/exploitation concessions within numerous provinces

OPERATIONS

Crown Point Oil & Gas S.A. is a subsidiary of Crown Point Ventures Ltd and operates the company within Argentina.

Heading up the operation is Mr. Mateo Turic. Mr. Turic has been working in the oil and gas industry both in Argentina and internationally for over 35 years. His experience includes 12 years as exploration manager for the Argentine national oil company, YPF (now RepsolYPF). His experience and knowledge of the Argentine industry is proving invaluable as the company moves forward.

The team is currently evaluating opportunities in Argentina including Farm Ins, Joint Venture Arrangements along with Direct Bids on provincially controlled oil and gas fields.

The Argentine company is financially supported by the Canadian operations and has access to the capital markets of Europe and Nth America.

ARGENTINA offers attractive prospects for junior oil and gas exploration/production companies. It is an exciting time to be operating in the area and we look forward to our success in the region.

ENVIRONMENT

Crown Point Ventures Ltd. is committed to working with the local community to ensure that both Argentine and International environmental standards are adhered to throughout oil recovery process.

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