RE:RE:RE:LOOKING FORWARDGonatgo, here is the high end of Crew's 2021 guidance.
| | | Natural gas | Condensate | Conventional | Total (boe/d) |
| | Crude Oil1 | liquids3 | | Natural gas | |
| 2020 Q4 Average | 1,463 | 1,953 | 2,121 | 96,771 | 21,666 |
| 2020 Annual Average | 1,549 | 2,070 | 2,583 | 94,519 | 21,955 |
| 2021 Q1 Average2 | 1,325 | 2,385 | 2,385 | 122,430 | 26,500 |
| 2021 Annual Average2 | 1,400 | 2,800 | 3,080 | 126,000 | 28,000 |
| 2021 Exit Average2 | 1,500 | 2,700 | 4,800 | 129,600 | 30,000 |
| 2022 Annual Average2 | 795 | 3,300 | 3,960 | 148,500 | 33,000 |
I didn't see Crew's price deck for Condendate and NGL's but
current pricing for WCS @Hardisty $53.72 USD/bbl and Conde @Edmonton $68.12 USD/bbl. Here is Nuvista's price deck for NGL's. Probably quite conservative.
| Edmonton | Edmonton | Edmonton |
| C5+ | Propane | Butane |
| ($Cdn/Bbl) | ($Cdn/Bbl) | ($Cdn/Bbl) |
| | | |
| | | |
| | | |
| 60.65 | 19.43 | 27.75 |
Gonatgo, work these numbers and make your magic happen!
There will be a significant asset divestiture, Crew has accelerated the drilling of the licence retention well at Attachie so those lands are continued and ready for a buyer. That well and lands will add significant value to the Attachie asset. Crew didn't have to spend that money now, they could have waited until Q4.
"The drilling rig has since moved to Attachie to drill the final lease retention well in that area, which was originally planned to be drilled in Q3/21 and will conclude the Company's tenure retention program at Attachie."