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Crew Energy Inc CWEGF


Primary Symbol: T.CR

Crew Energy Inc. is a Canada-based natural gas company. The Company’s operations are focused primarily in the Montney in Northeast British Columbia (NEBC). It has primarily been focused on continued Montney development of its liquid’s rich natural gas area at Septimus / West Septimus (Greater Septimus), and its light oil weighted asset at Tower, British Columbia. Its Montney area assets include Septimus / West Septimus, Tower, Groundbirch, Attachie, Oak/Flatrock and Portage and are situated in northeast British Columbia. Its operations include liquid-rich natural gas and light oil production from the siltstone Montney formation. At up to 300 meters thick, the Montney is developed with long-reach horizontal wells, completed with water-based fracture stimulations. It holds a land base of over 264,000 net acres, out of which approximately 225,000 net undeveloped acres in the Montney with condensate, light oil, liquids-rich natural gas and dry gas.


TSX:CR - Post by User

Post by downwithdotcom1on May 09, 2024 7:04pm
139 Views
Post# 36032417

Q1 results out now...looks like good numbers

Q1 results out now...looks like good numbersof course taking into account much lower nat gas price deck. spending monies to increase condensate /oil production, while slightly cutting back on nat gas output but at the same time spending on infrastructure for the future...DID WHAT THEY SAID THEY WOULD DO..company had alot of blowback taking this plan of action but its looking more and more this was the right way to go...comments??? dwdc
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