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Bullboard - Stock Discussion Forum 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... see more

TSX:CR - Post Discussion

Crew Energy Inc > So it basically looks like they took
View:
Post by Cheadle12 on Nov 09, 2020 5:30pm

So it basically looks like they took

a bunch of money from the infra sale & put it towards drilling.

So much for lopping off the debt hey?

That report was so bland and void of any details it was almost comical.  Zero pizzazz.. boring. 

A day when many names are up 20+% and Crew is flat and lower than where it was a week ago.

I think it's toast for this company, the market hates them now and they have no charisma anymore.
Comment by ORTsnort on Nov 09, 2020 6:27pm
So wrong Cheadle!!  Canadian Nat gas companies were crushed... crew was the only green one. Or one of them. Cashing in on higher nat gas prices Seems like a brilliant move. Watch for more insider buying. And also myself and 50 K increments
Comment by Cheadle12 on Nov 09, 2020 7:19pm
Not so wrong.  For years they've been saying they are targeting UCR at West Septimus.  Today I read the production volumes there, it's 2200 bpd.  That's it!  All those 10's, 100's of millions spent and for what, 2200bpd ??! They're on a treadmill and only a real asset sale to slash away all that debt will work here.   I'm not wrong, just ...more  
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