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 > Here's what I read:

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Post by Cheadle12on Nov 09, 2020 10:16pm

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Post# 31868225

Here's what I read:

Slide 11:

9-5 pad = 7 wells, around the payout mark (13 months) per well, production is about 4000mcf/d or (4000/6)= 667bpd.

7 wells x 667 = 4700bpd.

3-32 pad = 5 wells, 6 completed by Q1, 2021 mid year about 6000mcf/d or 1000bpd / well. 6x 1000=6000bpd.

Add 4700+6000 = 10,700bpd production added by around mid 2021.

Q4 guidance = 20,000-21,000 and with declines, should be looking at mid 2021: 25,000-30,000bpd production.

Rough figures, correct me if i'm wrong or misinterpreting.

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