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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 upinmuskoka1on Oct 23, 2023 3:00pm
182 Views
Post# 35696832

Not sold on all this LNG hype.

Not sold on all this LNG hype. 
There seems to always be some reason for energy stocks to remain stagnant. Weather, geo political events, supply, demand, renewables, SPR withdrawals and overall negativity towards fossil fuels it just never seems to end. And let’s not forget market manipulation.

Everything I have read points to an abundance of LNG to satisfy all countries around the world for decades to come

Saying that what makes us so sure that companies like CREW will benefit from producing vast amounts of LNG?  Would not the over-abundance of LNG keep prices low like the over-abundance of NG today? How many of us are willing to wait up to reap the potential rewards of the four year plan not knowing for sure if we will even be rewarded?

Personally I do not want to wait. Too much risk.

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