Crown Point Energy Faces Leadership Transition with CEO Resignation

Author: Hannah Lewis Updated: 07-31-2025 06:16 PM

Crown Point Energy Leadership Update

CALGARY, Alberta — Crown Point Energy Inc. (TSX-V: CWV) has made headlines with the recent resignation of its President and CEO, Gabriel Obrador. His decision to step down comes as he seeks new professional opportunities, leaving a significant void in the company's leadership.

Interim Leadership Team Steps Up

In the wake of Mr. Obrador's departure, Crown Point has taken immediate steps to ensure a smooth transition. Marisa Tormakh, currently serving as the VP of Finance and CFO, along with Hermann Steinbuch, who holds the title of VP of Operations for the company’s Argentine subsidiary, will assume the responsibilities of President and CEO on an interim basis.

Chairman’s Remarks

Gordon Kettleson, the Chairman of Crown Point, expressed gratitude towards Gabriel Obrador for his dedicated contributions to the company. Kettleson stated: "On behalf of our Board of Directors and staff, I would like to thank Gabriel for his dedicated service to Crown Point. I look forward to reporting back to shareholders when we have concluded our search for a new CEO." This statement underlines the Board's commitment to maintaining transparency during the transition.

Crown Point’s Operations Overview

Crown Point Energy specializes in oil and gas exploration and development, with a solid operational base in several producing basins across Argentina. The company is focused on advancing its projects in four key regions: the Golfo San Jorge basin in Santa Cruz, the Austral basin in Tierra del Fuego, and both the Neuquén and Cuyo basins in Mendoza. This strategic focus has positioned Crown Point as a significant player in the Latin American oil and gas sector.

Future Prospects

As the company searches for a new CEO, the interim leadership will be crucial in navigating the ongoing operations and investment strategies. With seasoned leaders like Tormakh and Steinbuch at the helm temporarily, Crown Point aims to provide stability and continued progress in its various projects while searching for the right candidate to lead the company into its next phase of growth.

Contact Information for Inquiries

For further inquiries, interested parties can reach out to Gordon Kettleson at:
Phone: (604) 319-9599
Email: kettleson@telus.net
Crown Point Energy Inc.

Frequently Asked Questions

Who has resigned from Crown Point Energy?

Gabriel Obrador has resigned as President and CEO of Crown Point Energy.

Who will lead the company in the meantime?

Marisa Tormakh and Hermann Steinbuch will serve as interim leaders while the search for a new CEO is underway.

What is Crown Point Energy focused on?

Crown Point Energy focuses on oil and gas exploration and development across several producing basins in Argentina.

How is the company planning for the future?

The Board is committed to ensuring a smooth transition and will remain transparent throughout the CEO search process.

Where can I direct inquiries about Crown Point Energy?

Inquiries can be directed to Gordon Kettleson at (604) 319-9599 or via email at kettleson@telus.net.

About The Author

Hi there, I'm Hannah Lewis, a writer and financial specialist of 36 years old committed to making money understandable and approachable to everyone. Years of working in the field have given me a thorough grasp of market trends, investment techniques, and economic fundamentals. My objective is to enable people, by means of understandable, useful guidance, to take charge of their financial destiny.

I have written many articles for financial blogs over my career that simplify difficult financial ideas into understandable insights. Being financially literate is a critical ability, and I am passionate about enabling people to confidently manage their financial lives. Regardless of your level of experience, my work will help you at every stage of the investment process. I appreciate being allowed to share in your success and financial expansion.

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