Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

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Crane Co > November 2020 Presentation now available!

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Comment by Cheadle12on Nov 09, 2020 9:57pm

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Post# 31868178

RE:November 2020 Presentation now available!

Seems like the same stuff packaged up in the presentation ? Nothing really new that I can see.

So what's this I read on this forum that they'd be cranking up production to about 30,000bpd, is this going to happen with these 6+7 (13 wells) they're bringing online by Q1 ? Or if you look at that condensate type curve, the decline is insane.. pretty much a quick blast of C5 and after a year there's barely anything coming out of the well.

Correct me if i'm wrong, but that's what I see given the data.

BeatTheOddsSqua wrote: Fantastic Q3 update and new presentation to go with it.

Crew November 2020 Presentation

Some highlights from the presentation include:

9-5 Pad: 7 ERH wells drilled with completions underway and production expected onstream by year-end

Working interest capital of $5.7 MM/ERH well and $39.7 MM for entire 7-well pad and associated gathering pipelines

3-32 Pad: Currently drilling 5 ERH wells, with completion of 6 wells (incl. 1 DUC) planned for Q1 2021

So much info to get through. I 'll post some comments later.

Looking good for Crew!