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Crew Energy Inc CWEGF


Primary Symbol: T.CR

Energy Oil & Gas E&P
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

Crew Energy Inc > Canoe Financials sale
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Comment by gonatgasgoon May 09, 2024 7:46pm
107 Views
Post# 36032473

RE:RE:RE:RE:Canoe Financials sale

RE:RE:RE:RE:Canoe Financials sale

BigJake wrote:
gonatgasgo wrote: There are about 200-300,000 CR shares traded in a day.  One cannot obviously dump 16M shares over a short time period.  It would take months to do that.  Maybe the shares were sold to another institutional investor, but we cannot see a large buyer.

I am a feeling it is a mistake, otherwise, things just don't add up.



You see where I am getting this from Stockhouse on the ownership tab. It looks like Canoe dumped 18 million shares of HWX as well
I hope it is a mistake but it sure looks like Ninepoint is increasing cash position, over 25% now. I wasn't able to see how much cash Canoe Energy Fund is carrying. Please post if you find this is incorrect 

 

Canoe's portfolio as of April 30.  They added a few CR shares during the month.

https://twitter.com/emmpeethree/status/1788575857906446595/photo/1


 

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