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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 downwithdotcom1on Apr 16, 2024 11:57am
118 Views
Post# 35991675

Freeport LNG facilty now off line

Freeport LNG facilty now off linei posted this on ARX's BB yesterday, will keep nat gas prices range bound shorter term...don't kill the messenger...see below...dwdc

Freeport LNG’s liquefaction plant remains mostly offline for a fifth straight day, with gas utilization rates at 125 million cubic feet per day (mmcf/d), or 5% of its fully operational use, data from financial firm LSEG showed on Monday. The plant draws between 
2.2 bcf/d and 2.4 bcf/d when fully operational via 3 output trains


Freeport said its Train 2 liquefaction unit had been shut down, while Train 1 will be taken down imminently as it expects inspections and any subsequent repairs at both the units to be completed by May.

The units were to be taken offline on the return to production of its Train 3, that was taken out of service when its motors were damaged during a January freeze, Freeport had said.

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