Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by BeatTheOddsSquaon Mar 09, 2021 9:22pm
194 Views
Post# 32759640

Are Crew's 8-1 and 12-9 Pads a Cube Style Development?

Are Crew's 8-1 and 12-9 Pads a Cube Style Development?Old Nagger I took a closer look at slide 31 in Birchcliff's presentaion
and I now believe that perhaps Crew is attempting a Cube Style approach for completing multiple Montney zones with the new 8-1 and 12-9 Pads. These Pads are drilling 10 wells to adjacent bottom hole locations at 2-10 and 7-10.

If you look at slide 31 in Birchcliff's presentation they used 14 wells to exploit 3 separate Montney zones. Crew could easily used their 10 wells to exploit 1, 2 or 3 Montney zones using the Cube strategy also.

Nice find Oldnagger, I apologize for being so quick to dismiss your idea. After looking at Encana's Cube approach, I took a second look at Birchcliff's and then the bottom hole locations on the Crew Pads and it all made sense.

If we are correct Oldnagger, that 8-1 Cube will have some freakin huge production rates with lower declines as it would be draining multiple reservoirs more effectively.

Fingers crossed that's what Crew is up to. Things just keep getting better.

Here is the Birchcliff Presentaion link if the one I embedded doesn't work. 

https://birchcliffenergy.com/media/uploads/documents/pdfs/CorporatePresentations/20210210-corporate-presentation.pdf

<< Previous
Bullboard Posts
Next >>