RE:Crew’s direction and gas prices I'll take a milkshake with that... burgersandfries..
Agree.
Never get greedy, never get proud. Pride comes before a fall. It happens to many a high flyer Junior E&P.. Crew is great, sitting on incredible assets.. but fix the balance sheet, and they are.. and they'll live to provide abundant returns to shareholders..
Unless CNQ take them out and consolidate Septimus for $4/share.
~TGC.
Burgersandfries wrote: Really like their guidance and plan. The assets are in place the reserves are there. A reasonable increase in production over the next two years and attack the debt get the banks off your back. The elephant in the room is where do gas prices go? Anything north of 4 bucks over the next 2 to 5 years will be awesome. For that to happen production must be kept in check let's hope these producers don't get too greedy.