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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 Potadvisor1on Jan 31, 2024 7:12pm
200 Views
Post# 35856040

Now here is some reality for some who don't seem to know

Now here is some reality for some who don't seem to know what that is. 
NG prices from April 2020 to around Oct 2020 were from approx. 1.96 to 2.71
 Today they are 2.13 
CR between those dates traded between .23 cents and .44 cents.
Are you pundits actually trying to tell me that CREW had production increases so huge, that their share price for the same gas price should be more that 10 fold ???
With the share price being up ONE THOUSAND PERCENT, when NG was the same as today, would someopne please show me the numbers that actually REFLECT THAT.
ANYONE ??? If not, it has to come back down to around 1.50 to 2 dollars at least, or else it is EXTREMELY OVERVALUED at this time. 
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