Nov 22 (Reuters) - Crown Point Energy Inc CWV.V :
* CROWN POINT ANNOUNCES STRATEGIC ACQUISITION TO DOUBLE INTEREST IN EXPLOITATION CONCESSIONS IN TIERRA DEL FUEGO, ARGENTINA
* CROWN POINT ENERGY INC - PURCHASE PRICE PAYABLE BY CROWN POINT TO SELLERS IS US$28.4 MILLION CASH
* CROWN POINT ENERGY INC - ENTERED AGREEMENTS WITH APCO OIL AND GAS INTERNATIONAL, APCO ARGENTINA S.A. TO ACQUIRE ALL SHARES OF APCO AUSTRAL S.A.
* CROWN POINT ENERGY INC - IN DISCUSSIONS WITH AN ARM'S LENGTH FINANCIAL INSTITUTION BASED IN ARGENTINA REGARDING OBTAINING A LOAN OF UP TO US$25 MILLION
* CROWN POINT ENERGY-EXPECTS FUNDING PURCHASE PRICE OF DEAL USING EXISTING CASH RESOURCES,OPERATING CASH FLOWS, EQUITY FINANCING & NEW DEBT FINANCING
* CROWN POINT-LIMINAR ENERGÍA S.A. , OWNER OF ABOUT 51% OF CO'S ISSUED AND OUTSTANDING SHARES, HAS AGREED TO GUARANTEE PAYMENT OBLIGATIONS UNDER DEALS