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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

Post by PonyBoyOutsideron Sep 21, 2023 2:40pm
198 Views
Post# 35647906

What’s going on??

What’s going on??

I don't know if I'll ever understand how these Oil & Gas stocks trade. Oils up, heading into heating season gas slightly higher than summer time pricing, and SP is tanking. Increased Liquids production soon will show up on the balance sheet,  LNG Canada takeaway just around the corner. You would think we would see strengthening from the Monteny Players not sever weakness. I don't get it.
Frustrated to say the least.

Are the shorts settling up before the next leg up and trying to drive the sector down? ??

One Frustrated PonyBoy Outsider

 

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