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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.


NYSE:CR - Post by User

Comment by BeatTheOddsSquaon Nov 24, 2020 11:48am
128 Views
Post# 31961006

RE:Drilling Update

RE:Drilling UpdateGonatgo, I had a hunch Crew wasn't telling us the whole story when they started doing drilling operations on 10 additional well but only mentioned that they would be drilling an additional 5. It appears that they are drilling ahead on 3 more locations for a total of 8 wells. They are drilling these wells very quickly, as they finished the 7 well pad October 10 and have drilled 5 more wells by November 20. My guess is they will drill the remaining 2 wells also for a total of 10 and then add the DUC (drilled un-completed) well to get them to 11 additional wells. Great news!
3-32 Pad Status Status Date Bottom  Hole Licence # Status Status Date
CREW HZ WILDER E03-32-082-19 RIG RELEASED 2020-10-29 100042808219W600 33507 RIG RELEASED 2020-11-20
CREW HZ WILDER F03-32-082-19 DRILLING RESUMED 2020-10-29 100053108219W600 33508 RIG RELEASED 2020-11-20
CREW HZ WILDER A03-32-082-19 DRILLING RESUMED 2020-10-29 100053108219W600 33503 RIG RELEASED 2020-11-20
CREW HZ WILDER G03-32-082-19 DRILLING SUSPENDED 2020-10-14 100052808219W600 33509 RIG RELEASED 2020-11-20
CREW HZ WILDER D03-32-082-19 DRILLING SUSPENDED 2020-10-14 100052808219W600 33506 RIG RELEASED 2020-11-20
CREW HZ WILDER H03-32-082-19 DRILLING SUSPENDED 2020-10-13 100012908219W600 33510 DRILLING RESUMED 2020-11-21
CREW HZ WILDER I03-32-082-19 DRILLING SUSPENDED 2020-10-12 100043108219W600 33511 DRILLING SUSPENDED 2020-10-12
CREW HZ WILDER 03-32-082-19 DRILLING SUSPENDED 2020-10-12 100043108219W600 33502 DRILLING SUSPENDED 2020-10-12
             
7-30 Pad Status Status Date Bottom  Hole Licence #    
CREW HZ SEPTIMUS N07-30-082-19 DRILLING SUSPENDED 2020-10-13 100012908219W600 32715 DRILLING RESUMED 2020-11-21
CREW HZ SEPTIMUS I07-30-082-19 DRILLING SUSPENDED 2020-10-13 100012908219W600 32710 DRILLING RESUMED 2020-11-21

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