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Crew Energy Budgets for 22 Uncompleted Montney Wells
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Crew Energy Inc. has announced operating and financial results for the three and twelve month periods ended December 31, 2014.
Outlook The combination of our 2015 hedge position and a strengthened balance sheet, following closing of our $100 million offering, affords Crew greater liquidity and financial flexibility to manage our business prudently during this period of uncertain commodity prices. Without a clear line of sight to an improved pricing environment, Crew continues to diligently review our operations and capital projects to ensure they meet corporate objectives and economic hurdles. Our 2015 capital program of up to $185 million is structured to allow us to maintain financial strength while enabling the Company to move quickly and adjust our activities as project economics…- ✓ Full news archive — U.S., Canada & international coverage
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