Crew Energy Inc T.CR

Alternate Symbol(s): CWEGF

Energy Oil & Gas E&P

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.

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Crew Energy Inc > Post Q1 SP..

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Comment by gonatgasgoon Mar 23, 2022 1:08pm

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Post# 34538298

RE:Post Q1 SP..

It is a very difficult question to answer.

1- Crew will have a great Q1 quarter. However, most of it, if not all, might already be priced in. We know the prices of nat gas and condensate in Q1. We know production and capex. There is not a lot of unknown. Guidance might be market moving.

2- Where will nat gas prices and condensate be in Q2? Much higher, about the same? I do not know.

3- Will we have any updates on Blueberry and BC Royalty Reviews? If so, will it be positive or negative news?

4- Will a large buyer or seller come in April/early May?

There seems to be a black cloud over Crew's head. It could be what I mentionned in #3, it could be the level of debt. Today, oil is up 4%, natural gas is up 1% and Crew is flat.