Crew Energy Inc T.CR

Alternate Symbol(s): CWEGF

Energy Oil & Gas E&P

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.

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Crew Energy Inc > Any estimates on what these sale Lands are worth?

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Comment by LyChaunceyon Aug 09, 2020 3:16pm

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Post# 31384820

RE:Any estimates on what these sale Lands are worth?

69832 net acres in total. Not a lof of information for those lands near Fort Nelson.
Northern BC montney $/acres cost range from $530/ares to $9467/ares.
So it should worth within the range of 37 millions ~ 661 millions.
I would be happy if those four land sale generate somewhere around 200 millions for Crew.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle