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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 gonatgasgoon May 19, 2021 3:18pm
55 Views
Post# 33231457

RE:Let's not kid ourselves

RE:Let's not kid ourselvesYou and I, and many others on this board, are saying the same thing.  I hope someone at Crew monitors this Stockhouse Board.



Cheadle12 wrote: It's not Dales decision.. if the funds that hold Crew decide they want to see a merger to unlock value, it'll happen.   There will be a tiny premium at best.

Painted Pony Shareholders know this all too well.. so no, I don't believe in the 'stock price will take care of itself'.. 

MGMT needs to get on it, sell some assets, PAY OFF debt vs. just GROWING INTO DEBT.

Commodity prices drop?  Then D/CF = 8x again and it's game over.


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