Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Crew's Production at these prices
View:
Post by gonatgasgo on Apr 16, 2024 8:50am

Crew's Production at these prices

The text below is from their annual report.  As we know, they were drilling quite a bit in Q1.

Active Q1 Capital Program – Our previously announced Q1/24 net capital expenditure forecast remains unchanged and is designed to:

Allocate $75 to $85 million of net capital expenditures.
Drill six (6.0 net) wells, complete five (5.0 net) wells and equip and tie-in 11 (11.0 net) Montney wells in Q1/24.
Result in forecast average Q1/24 production of 29,000 to 31,000 boe per day, which includes the impact of an anticipated 2,100 boe per day of production that is currently shut-in for offsetting completion and construction operations.


One would think that these wells must be producing at full capacity right now.  I am not sure what the price of condensate is right now, but WTI in C$ is over C$117.  Crew was saying last year that 1,000 boe/d of Condensate at C$100 was generating $30M of AFF annually.
Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >
{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities