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 > Groundbirch 4-17 - 3 well pad

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Comment by BeatTheOddsSquaon May 20, 2021 9:04pm

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Post# 33245868

RE:RE:RE:Groundbirch 4-17 - 3 well pad

Integrity if you go to slide 26 in the presentation, Crew is drilling where the blue star is located.

That group of wells to the east is Shell's main production and you can see how Shell drilled right up against Crew's lands.

Crew was awarded 1P reserves where the pink horizontal lines are to the east of the star, directly offsetting Shell's producing gas wells.

What Crew did though was instead of drilling the pink well locations which may have been partially drained by Shell's wells, they drilled due west of the star for two sections. They have taken a significant step out from Shell's proven production to prove up new reserves on their lands.

Simply brilliant.

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