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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 gonatgasgoon Nov 27, 2023 3:33pm
100 Views
Post# 35755007

RE:RE:RE:RE:Stock price manipulation

RE:RE:RE:RE:Stock price manipulationHe clearly runs this company like a private company.

In the last quarterly report, he said the 2024 outlook will only be released in early 2024.  I guess he is trying to leave the door open for his 4-year plan.  In my mind, there is not a single scenario where the Grounbirch plant starts to be build in 2024.

This guy, summarized perfectly what is going on when he said.

$CR.TO looks good as a top M&A candidate although the risk of capex overspend into commodity price weakness scares me.

https://twitter.com/NuggetCapital/status/1727515619866599662




upinmuskoka1 wrote: Someone once said on here that Dale runs CREW like it's his own private company. I agree.

With the exception of quartery reports there is very little communication with investors. It really is not a widely followed company. Maybe if Dale threw the market a bone the odd time there would be more interest but here are a lot of better places to put your O&G investment.

Alot of investors are being paid to wait and CREW just carries on status quo.

ho hum ho hum


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