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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 Jan 10, 2024 12:20pm
182 Views
Post# 35819571

I just got a downgrade alert from $7 to $5

I just got a downgrade alert from $7 to $5by National Bank

Not that I pay attention to what any scumbag analysts says because they are never right. But saying that the downward spiral on the share price will intensify as more downgrades start coming in.
We will most likely be hitting new 52 week lows by the end of the 1stqrt.

Like I said last week CREW just might be the PIPESTONE of 2024. A lowball buyer will swoop in and maybe offer a small premium that won’t even be close to the 52 week high.

Scary times indeed.





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