Crew Energy Inc T.CR

Dale is speaking today

[gonatgasgo]

Just a reminder at noon Eastern time today.



Microcap Rodeo Fall Harvest Investor Conference
Senior management of Crew is scheduled to present on Tuesday, October 5^th at 10:00 a.m. MST (12:00 pm EST), with one-on-one meetings to be held throughout the day on October 7^th and 8^th.

• The presentation will be webcast and available for replay at the following link:
  https://www.webcaster4.com/Webcast/Page/2800/43025

• For registration and meeting requests please visit:
  https://microcaprodeo.com/signup  

[gonatgasgo]

What I got out of the meeting: Crew is planning to reach production of 40,000 boe/d late 2023 or early 2024.  Someone asked if they could pay their debt in 18 months, and they said yes based on the cash flows.  However, they did not say they would. 

[BeatTheOddsSqua]

Gonatgo, thanks for posting the link. I liked that during the question period Dale mentioned that Crew has received interest in both the non-core Montney and the Lloyd Heavy Oil assets and that they hope to be providing and update on the sale of those assets in the near future. That would be exciting if Crew could convert those assets to cash. The disconnect between 2020 1P ($11/share) and 2P

[Oldnagger]

There are so many positives concerning Crew that I have lost count. First the 2021 PDP 1P and 2P values will be much greater than at present . I suspect that the increased PDP volume when combined with much higher netbacks will easily support the current EV. Then there will be the benefits of lower drilling costs on top of that to support higher 1P , 2P and land values. Another very important

[BeatTheOddsSqua]

Oldnagger, Happy 10 bagger day to you! You deserve it buddy. You have spent lots of hours, days and months sharing your insight on Crew and the oil patch in generally from both a National and International perspective and it is much appreciated.  You are exactly correct, the 2021 reserve report will look a lot different for Crew in a very good way. The price deck will be significantly

[Yakushev]

[Yakushev]

Buy out,

[Re1ndeer2]

A mistake unless its $8-$9

[Oldnagger]

Many thanks BTO !! As you may recall , about 1 year ago it was a rather small group of posters here who helped me to better understand Crew. At the time , Crew was one of the few friendly boards to be on. For that I am most appreciative. However, by transporting the spirit of the crew elsewhere, it seems it has worked . Boards which were once insult forums have now become discussion forums. The

[barneyj44]

Well done Oldnagger with your Crew windfall. I sold my shares a little while back with a nice tidy profit after plowing Painted Pony money in during the NG melt down. Your correct about this BB , it's Grade A along with another one I follow Whitecap. I hold Arc Resources as well and that board is just one big beach fest between Tou and Arc share holders.