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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 gonatgasgoon Mar 04, 2021 12:02pm
62 Views
Post# 32715516

RE:RE:RE:Crew Monias

RE:RE:RE:Crew MoniasThanks to both of you, BeattheOdds and Beakr123.

Maybe we will hear more in a week from now.



BeatTheOddsSqua wrote: Gonat as I mentioned earlier Crew is drilling a bunch of wells and not saying anything about them.

This 4 well pad was not mentioned at the Winter Wonderland Conference and does not show up on the March 2021 Presentation.

The 4-17 wells will have 2 mile lateral sections and are in an area offset by huge gas production in the Groundbirch area.

If you look at slide 28 of the new presentation the wells are adjacent to Crew's pipeline just SW of the "One 12 and two 6 inch" label. The 4-17 Pad location is also located under that "mysterious blue star" on slide 23 and are drilled two miles SW of that point.

The wells will be easy to complete and tie-in to Crew's existing infrastructure in order to maintain or grow gas production rates in 2021-2022.

Great news to have these wells drilled so quickly. 4 more DUC's ready to be completed.




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