On 26 February 2020, Crown Point Energy reported it suspended as a gas discovery the Sur Rio Malargue 1001d new-field wildcat (NFW) in the Cerro de Los Leones block.    The operator reported it tested a zone      in the Tertiary Agua de Piedra Formation over a seven day period with an      average flow rate of 3.5 MMcfg/d. The flow rates varied from 1.25 MMcfg/d      to 3.54 MMcfg/d with the flowing tubing pressure (FTP) ranging from 760      psi to 1,060 psi through varying choke sizes of 6 mm to 12 mm. There was      an average of 17 bw/MMcfg produced during the test period. The operator      shut-in the well to analyze the test results.  The NFW was spudded on 20 October      2019 and completed in late-January 2020 at a final total depth (TD) of      1,450 m measured depth (MD) and 1,353 m true vertical depth (TVD).  The well had a proposed total depth      (PTD) of 1,450 m.  The NFW is located in the north      central area of the northern block.  Crown Point Energy holds 100%      working interest in the Cerro de los Leones contract which is separated      into two blocks, covering a total of 409 sq km in the Mendoza Province      portion of Neuquen Basin.    Background Information  Crown Point Energy have previously identified several prospects with both unconventional (Vaca Muerta Formation) and conventional targets in Cerro de los Leones. To date there had been only one producing field in the block, namely the Vega del Sol field. The field produced oil and gas from the Lower Cretaceous Chachao Formation when it was discovered and put on-stream in 1995 before it was abandoned in the same year after attempts to improve recovery were unsuccessful. A redevelopment plan was approved in 2015 in which Crown Point planned to re-entered and re-test the Vega del Sol X-1 and Vega del Sol X-3 wells. The field produced 2.113 Mbo before it was ultimately shut-in again in 2016.
Sur Rio Malargue 1001D (Crown Point 100%) in N-C part of northern Cerro de Los Leones block, Mendoza, TMD 1,450m (1,353m TVD), 7-day test in the Tertiary Agua de Piedra averaged 3,5 MMscfg/d, well shut-in for evaluation.