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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 Apr 24, 2024 2:02pm
58 Views
Post# 36005510

RE:Nothing artificial about AI

RE:Nothing artificial about AIOr is it wishful thinking?  You have to go to Dec. 2025 to see Henry Hub above $4.

Similarities between natural gas investors and Maple Leafs fans:

Before the beginning of the playoffs, Maple Leafs fans are excited, "this year is our year".  Then they lose in the first round.  There is disappointment, anger, hoping for changes...and then a few months later, after nothing had changed, people hope again.  Repeat this cycle year after year.

Before the winter, natural gas investors and hopeful it will be a cold winter.  Then, it is warmer than usual.  There is disappointement, anger and hope it will not repeat itself.  In the spring, investors are all excited, LNG is coming soon, high demand from AI, it will replace coal, and hope comes back.  Repeat year after year.



Oldnagger wrote: AI will boost natural gas demand. Is the market finally going to reward  Crew with a value commensurate with its massive reserves of natural gas ??



https://boereport.com/2024/04/23/ai-boom-to-fuel-natural-gas-demand-in-coming-years-report-says/


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