Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Technology Scientific & Technical Instruments

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 > Crew Adds 3 New Wells to the 1-8 West Septimus 7 Well Pad

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Comment by gonatgasgoon Feb 21, 2021 8:18pm

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RE:RE:RE:RE:RE:Crew Adds 3 New Wells to the 1-8 West Septimus 7 Well Pad

You are right. They clearly do not want to under deliver. All their forecast are on the conservative side.

BeatTheOddsSqua wrote: Gonatgo, when has Crew ever told us what is really going on?

They have been underpromising and over delivering for the past 6 months. It maybe difficult for them to run the Septimus gas plant at full capacity, but they most definately will have the gas supply to do just that.

In August told us they were drilling a 7 well Pad at 9-5 with on production date of Q1 2021. No mention of five wells to be drilled at 3-32 Pad. What happens next, all 12 wells are drilled before year end 2020 and the 7 well pad at 9-5 is placed on production in Q4 2020.

They state at the Winter Wonderland Conference they are drilling a 7 well Pad at 8-1. I check today and Crew is drilling 10 wells there.

I am not at all angry, I am very happy.

I just can't figure out why they are not releasing all of this positive info. You should see how many other wells they have planned. It is going to be awesome.

It's almost like they are executing a short squeeze or trying to make the analysts who have dissed them, look like idiots.

In any case it is great news for us shareholders.