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Crew Energy Inc T.CR

Alternate Symbol(s):  CWEGF

Crew Energy Inc. is a Canada-based natural gas company. The Company’s operations are focused primarily in the Montney in Northeast British Columbia (NEBC). It has primarily been focused on continued Montney development of its liquid’s rich natural gas area at Septimus / West Septimus (Greater Septimus), and its light oil weighted asset at Tower, British Columbia. Its Montney area assets include Septimus / West Septimus, Tower, Groundbirch, Attachie, Oak/Flatrock and Portage and are situated in northeast British Columbia. Its operations include liquid-rich natural gas and light oil production from the siltstone Montney formation. At up to 300 meters thick, the Montney is developed with long-reach horizontal wells, completed with water-based fracture stimulations. It holds a land base of over 264,000 net acres, out of which approximately 225,000 net undeveloped acres in the Montney with condensate, light oil, liquids-rich natural gas and dry gas.


TSX:CR - Post by User

Bullboard Posts
Comment by KnottyOysteron Jan 09, 2018 10:42pm
36 Views
Post# 27319779

RE:RE:RE:RE:RE:RE:RE:RE:Crew Review

RE:RE:RE:RE:RE:RE:RE:RE:Crew ReviewThere's definitely no industry wide stop run or anything like that going on... That's rediculous. Bc makes incredible revenues off of that region and the industry supports 100,000's of people up there either directly or indirectly...there's no way they would shut it down. The montney is loaded with good rich gas, some of the largest reserves, if not the largest, in the world... I think this is purely panic related to pricing and take away issues which is all the market seems to hear about these days. Time will fix these things, I work in the region often, and it's always booming with activity. There are a lot of big projects going on in AB and BC that will benefit producers, I have even heard rumblings that the Alliance line is looking to significantly increase or double its capacity. AB will also be converting nearly all of its baseload power to NG in the coming years, and remember these plants typically have a service life of 40+ years. I see good long term opportunity here, and will hold, because I know if I sell now, three years down the road I will want to kick my own Butt.
Bullboard Posts