CALGARY, Alberta, Sept. 26, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented natural gas weighted producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), today announced that the Company will present at the Lytham Partners Fall 2022 Investor Conference, which takes place virtually on September 28 and 29, 2022.

During the event, Mr. Dale Shwed, President and Chief Executive Officer of Crew, will be participating in a webcast presentation and conducting virtual one-on-one investor meetings. The Company’s webcast presentation will be available for viewing starting at 7:00 … Continue Reading

CALGARY, Alberta, Sept. 21, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company“), a growth-oriented natural gas weighted producer operating in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to announce that we have achieved independent certification of our natural gas and natural gas liquids production from our NE BC Development area under the Equitable Origin EO100™ Standard for Responsible Energy Development (the “Certification”).

The Certification confirms Crew’s best-practice methods for environmental, social and governance (“ESG”) performance in the energy sector and demonstrates our commitment to continuous improvement. As part … Continue Reading

CALGARY, Alberta, Sept. 15, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company“), a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia (“NE BC”), is pleased to share that we have been included in the Toronto Stock Exchange’s 2022 TSX30TM based on Crew’s dividend-adjusted share price appreciation, achieving a third place ranking. Over the three-year period considered, the value of our shares appreciated by 470%.

Founded in 2019, the TSX30TM recognizes the 30 top-performing TSX listed stocks annually, calculated based on dividend-adjusted share price appreciation over … Continue Reading

CALGARY, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company“), a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia (“NE BC”), announced today that we have successfully completed the sale of certain non-core assets at Attachie and Portage in NE BC for gross proceeds of $130 million (subject to certain customary closing adjustments) (the “Disposition”). The net proceeds from the Disposition will be used to redeem $128 million principal amount of the Company’s 6.500% senior unsecured notes due 2024 (the “2024 Notes“), of … Continue Reading

CALGARY, ALBERTA, Aug. 08, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR, OTCQB: CWEGF) (“Crew” or the “Company”) is a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia (“NEBC”). The Company is pleased to announce our operating and financial results for the three and six month periods ended June 30, 2022. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website and filed on SEDAR at www.sedar.com.

“The success of our two-year asset development plan (the “Two-Year Plan”) is clearly demonstrated by Crew’s … Continue Reading

CALGARY, Alberta, May 20, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR, OTCQB: CWEGF) (“Crew” or the “Company”) is a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia (“NEBC”). The Company is pleased to announce the voting results for the election of directors at our annual general meeting of shareholders held on May 19, 2022 (the “Meeting“). Each of the six nominees proposed by Crew and as set forth in the Information Circular – Proxy Statement provided to shareholders in connection with the Meeting were elected as directors, with common shares … Continue Reading

CALGARY, Alberta, May 05, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR, OTCQB: CWEGF) (“Crew” or the “Company”) is a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia (“NEBC”). The Company is pleased to announce our operating and financial results for the three-month period ended March 31, 2022. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website and filed on SEDAR at www.sedar.com.

“Our results for the first quarter of 2022 are indicative of the significant progress achieved to date on our … Continue Reading

CALGARY, Alberta, April 21, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company”) is a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia. The Company is pleased to announce that we have established a new record production rate in Q1 2022, and strong condensate rates from our latest completion program, setting the stage to deliver greater than 20% production per share growth and an enhanced financial position.

CALGARY, Alberta, April 11, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company“), a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia, is pleased to announce that Mr. John Hooks has been appointed to the Board of Directors of Crew. Mr. Hooks has over 30 years of experience in the Canadian and international oil and gas space and has a demonstrated track record of organizational leadership. He has been the Chief Executive Officer, and formerly President, of PHX Energy Services Corp. and its predecessor, Phoenix Technology … Continue Reading

CALGARY, Alberta, March 08, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR, OTCQB: CWEGF) (“Crew” or the “Company”) is a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia (“NEBC”). The Company is pleased to announce our operating and financial results for the three and twelve month periods ended December 31, 2021. Crew’s audited consolidated Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website and filed on SEDAR at www.sedar.com.

“Crew is excited to advance the Company’s previously announced two-year asset development plan (the … Continue Reading

CALGARY, Alberta, Feb. 08, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR, OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia, is pleased to provide highlights from our year-end independent corporate reserves evaluation prepared by Sproule Associates Ltd. (“Sproule”) with an effective date of December 31, 2021 (the “Sproule Report”).

Crew’s 2021 year-end reserves reflect the successful first half execution of our previously announced two-year plan, designed to increase production and adjusted funds flow1 (“AFF”), generating free AFF1 which may be used for debt repayment, … Continue Reading

CALGARY, Alberta., Jan. 31, 2022 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) (“Crew” or the “Company“) is a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia. The Company is pleased to announce that we have established a new production record with average volumes estimated at 32,600 boe per day1 in December 2021, and are providing an operational update confirming that Crew’s two-year plan is on track to deliver greater than 20% production per share growth, over 50% Adjusted Funds Flow (AFF) growth and greater than a 45% reduction in … Continue Reading