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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

Post by og1959on Mar 10, 2021 7:59pm
173 Views
Post# 32769086

Expect the gas sector to get a Tourmaline lift tomorrow

Expect the gas sector to get a Tourmaline lift tomorrow629 million Q4 profit or 2.28 a share- street estimate per TD is mid 40 cents

On feb 12 Mike Rose was on BNN and forecast 2021 FCF of 850 million and five year 3.5 billion

Todays guidance is 1.1 billion in 2021 and 4.1 billion five year- less than a month 95%+ must be due to february weather

They said Q1 2021 will be materially higher than they originally forecast - maybe a billion profit Q1

Birchcliff also guiding strong cash flow tonite

Each company is different but they will all be putting up big numbers relatively speaking

Q1 will be a windfall due to weather

Gotta think everyone will be lifted tomorrow- upgrades coming
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