Crew Energy Inc T.CR

Alternate Symbol(s): CWEGF

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 > 2023 Hedges

<< Previous

Bullboard Posts

Next >>

Post by gonatgasgoon Feb 01, 2023 3:46pm

226 Views

Post# 35260492

2023 Hedges

Remember, Crew's natural gas hedges for 2023.

Jan – Mar 2023: 42% at $5.08/gJ or $6.10/mcf

Full Year 2023: 42% at $4.47/gJ or $5.36/mcf

I am not sure if the 22% premium due to heat content is included in there or on top of it.

Crew seems to be punished even more than the ones of do not hedge, or have a low hedged percentage.

<< Previous

Bullboard Posts

Next >>

Investing in Canada's lumber market