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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 gonatgasgoon Nov 20, 2023 7:47am
179 Views
Post# 35743869

Nat Gas

Nat GasOne would think with the arrival of the winter any day now, the withdrawal season has started, the natural gas rig count down 27% since 2022, that natural gas would be above $3.00.

Even with all the LNG coming on-line before 2027, producers have shown they can increase production much faster than LNG can be built.

HH Dec. 23:  $2.89
HH Jan.. 24: $3.06
HH Feb. 24: $3.01

Crew, forget about Natural Gas.  It is all about condensate now.


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