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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 upinmuskoka1on Dec 08, 2022 6:58pm
211 Views
Post# 35160574

RE:RE:Well Gonatgasgo

RE:RE:Well Gonatgasgo Although I will not be running for the exits I will be planning to exit CREW sooner than I anticipated or had hoped. Four years is a long time and like we all know here nothing is a sure thing in the stock market especially the energy sector.

I guess Dale never got the memo about rewarding shareholders with share buy backs and or dividends. Personally I feel this four year plan does make CREW a much more attractive company for a takeover (especially once the Blueberry issue gets resolved) which I now hope happens sooner than later. I have done extremely well with CREW and I do believe the company will prosper but I think it will take longer now with a new four year plan in place.

Even a small dividend like the .12 a year PIPE is now paying would have been nice and would have enticed me to stick around a bit longer.

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