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Crew Energy Inc T.CR

Alternate Symbol(s):  CWEGF

Crew Energy Inc. is a Canadian liquids-rich natural gas producer. The Company’s operations are focused on northeast British Columbia and include a large contiguous land base with a Montney resource. The Company’s Montney area assets include Septimus / West Septimus, Groundbirch, Monias and Tower, and are situated in northeast British Columbia. Its liquids-rich natural gas areas of Septimus and West Septimus are complemented by the interconnected dry-gas resource at Groundbirch. It holds a large, contiguous land base of over 341 net sections in the Montney with condensate, light oil, liquids-rich natural gas and dry gas. The Company has access to diversified markets with operated infrastructure and access to multiple pipeline egress options.


TSX:CR - Post by User

Comment by Cheadle12on Dec 07, 2020 6:16pm
122 Views
Post# 32054616

RE:RE:Connect the dots.. CJ/CR

RE:RE:Connect the dots.. CJ/CRI agree, also I think it's good for Crew to divest of that asset even if it's much less than what they could fetch for it later. 

Look at how Storm Resources is doing from a market cap perspective..  they have one goal in mind, grow in the BC Montney and 3 funds hold 40% of the company.   They're also a takeover target with less lands, similar production to Crew but market cap 4x the size of Crew.   They're clean and a nice balance sheet.

TouchDown12 wrote: Helpful conjecture, Cheadle. It might explain some of the CR drilling confidence as of late.... and might represent a chance for both companies to get off the production floor they have been operating fat with the capital restrctions they have both faced. Stay tuned! TD12


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