Crew Energy Inc T.CR

Alternate Symbol(s): CWEGF

Energy Oil & Gas E&P

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.

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Crew Energy Inc > What’s going on??

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Comment by Oldnaggeron Sep 22, 2023 9:35am

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Post# 35648973

RE:RE:RE:RE:RE:RE:RE:What’s going on??

Note the Old part of Oldnagger. These days I get my thrills from making money. To answer your question , in all seriousness , I would like to see Crew rise ASAP. First, get to 11000 bpd of condensates. Then concurrently lock in as much funding as is needed to get the groundbirch plant underway. This is not different really than the current plan and I strongly believe it will work
Where I may differ is that I would hedge as little as I could under the present NG curve Nat gas prices are strongly set to rise over the coming season . Let us not sell ourselves short on that
Unfortunately , I always need to temper my enthusiasm by practicality , that is why I rely on the wisdom of others such as yourself GNGG

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