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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 Oldnaggeron Dec 16, 2020 4:03pm
131 Views
Post# 32121261

RE:Shell Canada is a Strong Potential Suitor

RE:Shell Canada is a Strong Potential SuitorARC financial along with their partner Encap have been divesting of their nat gas properties recently in October it was their 20 % + stake in Painted Pony ( for which they were an instigator)
And in November they sold their Montney acreage held in Modern Resources to Tourmaline.
I know Arc Resources is a separate entity ,but it surprise me that they would be interested after passing up those two morsels 
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