Operator · Cardium Shale & Montney Shale
Crew Energy Inc.
37 articles mentioning Crew Energy Inc. · Page 1 of 2
Crew Energy Fourth Quarter, Full Year 2020 Results; Outlook
Crew Energy Inc. reported its Q4/full year 2020 results. Company commentary: "While 2020 proved to be one of the most challenging years in recent memory for commodities and energy companies due to the economic fallout caused...
Crew to Ramp Up Spending by Over 300% in 2021; Wells, Production Plans
Crew Energy Inc. has reported its 2021 capital plans as well as its outlook for 2022. It will focus its program on its Montney assets. 2021 Plans Capital Budget: $120-145 million - up 314% vs. 2020's...
Crew Energy Third Quarter 2020 Results
Crew Energy Inc. reported its Q3 2020 results. Q3 Highlights: Production Guidance Increased: Q3 production averaged 20,207 boe (121.2 mmcfe) per day, beating our quarterly guidance range of 18,000 to 19,000 boe per day, while volumes...
Crew Energy Second Quarter 2020 Results
Crew Energy Inc. reported its Q2 2020 results. Q2 Highlights: Production Increased as Pricing Improved in June: Q2 production averaged 22,074 boe per day, while first half 2020 volumes averaged 22,985 boe per day, in-line with...
Crew Energy First Quarter 2020 Results
Crew Energy Inc. reported its Q1 2020 results. Q1 2020 Highlights Production of 23,894 boe per day: Volumes were 6% higher than Q4/19 and 3% higher than Q1/19, due to well performance that exceeded expectations. Production...
Crew Energy Reports Q3 2019 Results
Crew Energy Inc. reported its Q3 2019 results. Q3 Highlights Average Production of 22,824 boe per day with 29% Liquids: Liquids volumes increased to 29% of production for both Q3/19 and year-to-date 2019, compared to 25%...
Crew Energy Talks Q2 2019 Results
Crew Energy Inc. reported its Q2 2019 results. Q2 Highlights: Ultra Condensate-Rich ("UCR") Montney Development Drives 36% Growth in Condensate Production: Q2 condensate volumes averaged 3,127 bbls per day, an increase of 19% over Q1 2019...
Crew Energy Details Q1 2019 Results
Crew Energy Inc. reported its Q1 2019 results. Q1 2019 Highlights: Production of 23,222 boe per day: Volumes were 4% higher than the previous quarter supported by stronger Greater Septimus production of 19,535 boe per day...
Crew Energy Details 2019 Budget; Up +21% from 2018 Spending
Crew Energy Inc. as set a 2019 capital budget of $95-105 million.- this is up +21% from $82.5 million (midpoint) for 2018. Maintain Production Maintain Average Production of 22,000 to 23,000 boe per day: 2019 production...
Crew Energy Touts Increased Montney Condensate Output; Talks Q2 Drilling
Crew Energy Inc. reported its Q2 2018 results. Highlights: Growing Montney Condensate Volumes Into Higher Pricing: Q2 condensate volumes of 2,304 barrels per day were 49% higher compared to Q2 2017 as Crew benefited from a...
Crew Cuts 2018 Capex Over 60%; Will Focus On Completing DUCs
Crew Energy has reported its 2018 outlook. Details: - 2018 Capex: $80-85 million (down -65% from $235 million spent in 2017) - 2018 Production: 23,500 to 24,500 BOEPD (flat from 2017) Targeting Increased Liquids & Condensate...
Crew Energy Details Several Executive Changes
Crew Energy reported several executive changes. Highlights: Mr. Paul Dever, Vice President Government and Stakeholder Relations – Paul formerly served as Director, Government & Stakeholder Relations and has been with the Company since 2005. In his...
Crew Spends 44.9% of Capital Budget in Third Quarter
Crew Energy released its Q3 results and its intent to release its 2018 budget in mid-December. Highlights include: Produced 23,251 boe/d in Q3 and is expecting to exit the year with average daily production of 31,000...
Cona Resources Brings On New CEO
Crew Energy COO, Robert Morgan, has resigned to pursue an opportunity as President and CEO of Cona Resources. As a result, John Rooney will step down as Cona's CEO and be available for transition as needed.
Crew's Montney Production Suspended Due to Pipeline Issue
Crew has reported that its Montney production has been suspended due to temporary suspension of the Alliance Pipeline.
Crew Energy Ups Montney Drilling 60% In 2017
Capital budget for 2017 anticipates drilling 28 new Montney wells
Eight (8) Canada E&Ps; to Drill 500 Wells in 2017
So far in 2016, 8 major drillers in the Montney Shale have announced expanded drilling programs for 2017.
Crew's Septimus Montney Potential Hits 111.7 Tcfe in 1Q
Invested $18.7 million in capital expenditures in the quarter, 24% less than budgeted.
Crew's Montney Ops Fuel 2015 Growth; Adds to Asset Base
The operational success realized at West Septimus in 2015 confirmed the substantial opportunity for further drilling and area expansion.
Crew Energy Unveils 2016 Budget; Focus on Septimus Asset
The capital activities planned for 2016 highlight Crew's strategy to maintain financial flexibility while continuing to develop our Montney asset base.