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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

Comment by Cheadle12on Aug 17, 2020 4:28pm
124 Views
Post# 31419690

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Crew has Nat Gas Hedged over $3 Cdn in Chicago

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Crew has Nat Gas Hedged over $3 Cdn in Chicagooh i'm fairly certain there is some news pending here.  All the 'tells' are there to see.

Insiders buying shares... then it just stops.
CEO buying shares for the first time in years.

It's like PONY (and Kelt) where they kept pushing their RBL dates out month by month.. it's because they had news pending and there was no need to extend for a year as they'd be paid off in a month or so.

Look for the signs.

My guess is that they've sold some lands vs. selling off the whole company (no need to, wait until 2023 for a major premium).


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