BeatTheOddsSqua wrote: Gonatgo, Crew has spud 9 wells on the 4-14 UCR Pad. As of April 5, 3 of them have been drilled with 6 wells left to be drilled to total depth. The BOE report doesn't have the proper Company identifier number for these wells it appears, so they are not showing up when you search Crew.
Crew are drilling wells like crazy and they have a ton of DUC wells now that they can complete in order to maintain or increase production. They are possibly in the best position in the history of the company in regards to their ability to grow and maintain production. They really appear to have "cracked the code" on their Montney lands.
An asset sale and commodity prices remaining steady will go along way to cleaning up their balance sheet.
CREW HZ SEPTIMUS K04-14-082-19 DRILLING SUSPENDED 2021-03-21
CREW HZ SEPTIMUS G04-14-082-19 DRILLING SUSPENDED 2021-03-21
CREW HZ SEPTIMUS C04-14-082-19 DRILLING SUSPENDED 2021-03-21
CREW HZ SEPTIMUS J04-14-082-19 DRILLING SUSPENDED 2021-03-23
CREW HZ SEPTIMUS B04-14-082-19 DRILLING SUSPENDED 2021-03-23
CREW HZ SEPTIMUS F04-14-082-19 DRILLING SUSPENDED 2021-03-23
CREW HZ SEPTIMUS 04-14-082-19 RIG RELEASED 2021-04-05
CREW HZ SEPTIMUS D04-14-082-19 RIG RELEASED 2021-04-05
CREW HZ SEPTIMUS H04-14-082-19 RIG RELEASED 2021-04-05
The 6-23 lease retention well for Attachie which was moved from Q4 to Q1/2021 has also been drilled. Crew has now met all of their required drilling commitments to have their Attachie leases continued. Those lands will be appealing to ARC/Seven Gen and probably other Montney players.
CREW HZ MONIAS 06-23-083-23 RIG RELEASED 2021-03-27