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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 Luckyelevenon Dec 27, 2020 11:20pm
151 Views
Post# 32186359

RE:RE:NG pricing craters....

RE:RE:NG pricing craters....Since you got it all figtured out you don't need me to tell you. All I know NG is down over 7% tonight and all gas markets follow in time. US market open tomorrow so maybe you should watch how some of the NG stocks trade down south. The point I was making earlier is NG producers need double the current pricing for a sustained period of time in order to repair balance sheets and for something to trickle down to shareholders. Our current scenario that has been playing out for the past few years does not work and sorry if you don't see that.
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