Crown Point Energy (TSE:CWV) has released an update.
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Crown Point Energy Inc. reported a challenging second quarter in 2024, with a decrease in oil and natural gas sales revenue to $5.6 million and a net loss of $3.1 million, primarily due to lower oil sales volumes and increased operating expenses. The company also engaged in various financing activities, including obtaining and repaying loans, and issued new Series V Notes.
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