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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 Oldnaggeron Nov 26, 2021 8:37pm
179 Views
Post# 34171338

RE:RE:RE:A Difficult Day…

RE:RE:RE:A Difficult Day…Nat gas is mostly dependent on weatrher and much less so on the economy.If ever we were to get another prolonged lock down in North America. The consequences would be reduced drilling for oil and less associated gas. Probably neutral for Crew as the spike in gas prices would compensate for any loss of oil revenue.Meanwhile, things are completely different now, South Africans will not be flying around for months spreading Covid unaware to everyone. Also The Saudi's are certainly not going to start a price war. Quite the opposite, they have achieved unity and consistency of cash flows. They are very unlikely to throw that away.Trader Joe should stick to what he knows and that is blah blah blah !!
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