CALGARY, March 4, 2019 /CNW/ – Crew Energy Inc. (TSX: CR) (“Crew” or the “Company”) is pleased to announce our operating and financial results for the three and twelve month periods ended December 31, 2018.  Crew’s full audited consolidated Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and twelve month periods ended December 31, 2018 are available on Crew’s website and filed on SEDAR at www.sedar.com. 

Q4 & FULL YEAR 2018 HIGHLIGHTS

CALGARY, Feb. 7, 2019 /CNW/ – Crew Energy Inc. (TSX: CR) of Calgary, Alberta (“Crew” or the “Company”) is pleased to provide highlights from our independent corporate reserves evaluation prepared by Sproule Associates Ltd. (“Sproule”) with an effective date of December 31, 2018 (the “Sproule Report”).  

2018 RESERVES HIGHLIGHTS

With net capital expenditures of $93 million ($103.2 million gross)1, Crew successfully expanded reserves through the drilling of ten (10.0 net) and completion of 14 (12.2 net) wells in the Montney at West Septimus, of which three (3.0 net) extended reach horizontal (“ERH”) wells were drilled in the Ultra-Condensate … Continue Reading

CALGARY, Jan. 9, 2019 /CNW/ – Crew Energy Inc. (TSX: CR) (“Crew” or the “Company”) is pleased to announce an operations update that builds on our 2019 budget release issued on December 10th, 2018.  The Company’s $95 to $105 million budget is expected to approximate annual estimated Funds From Operations (“FFO”) which is designed to preserve balance sheet strength and financial flexibility. 

PRODUCTION UPDATE

CALGARY, Dec. 10, 2018 /CNW/ – Crew Energy Inc. (TSX: CR) (“Crew” or the “Company”) today is pleased to announce the Company’s 2019 capital expenditure budget, approved by Crew’s Board of Directors. 

With continued volatility and weakness in Canadian oil and natural gas prices, the Company believes it is prudent to develop a plan that can be adjusted dependent on commodity prices.  Crew will continue to closely monitor prices and differentials and will adhere to a disciplined and conservative approach for our 2019 capital budget in an effort to maintain balance sheet strength and flexibility.

2019 BUDGET HIGHLIGHTS

CALGARY, Nov. 5, 2018 /CNW/ – Crew Energy Inc. (TSX: CR) (“Crew” or the “Company”) is pleased to announce our operating and financial results for the three and nine month periods ended September 30, 2018.  Our Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and nine month periods ended September 30, 2018 are available on Crew’s website and filed on SEDAR. 

HIGHLIGHTS

CALGARY, Aug. 1, 2018 /CNW/ – Crew Energy Inc. (TSX:  CR) (“Crew” or the “Company”) is pleased to announce our operating and financial results for the three and six month periods ended June 30, 2018.  Our Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and six month periods ended June 30, 2018 are available on Crew’s website and filed on SEDAR. 

HIGHLIGHTS

CALGARY, ALBERTA–(Marketwired – Aug. 2, 2017) – Crew Energy Inc. (TSX:CR) (“Crew” or the “Company”) is pleased to announce our operating and financial results for the three and six month periods ended June 30, 2017. Our Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and six month periods ended June 30, 2017 are available on Crew’s website and filed on SEDAR.

Q2 HIGHLIGHTS

CALGARY, ALBERTA–(Marketwired – June 13, 2017) – Crew Energy Inc. (TSX:CR) (“Crew” or the “Company”) has been informed by the Alliance Pipeline Limited Partnership (“Alliance”) that it has detected slope movement in the vicinity of its pipeline system near the Wapiti River, approximately 25 km southwest of Grande Prairie. Alliance plans to expose the affected section of pipe in order to conduct the necessary inspections subject to regulatory requirements. To accommodate this work, Alliance will be required to reduce system operating pressure at this location for the duration of the work, which in turn will cause a reduction in firm … Continue Reading

CALGARY, ALBERTA–(Marketwired – May 23, 2017) – Crew Energy Inc. (TSX:CR) (“Crew” or the “Company”) is pleased to announce that it has closed its previously announced disposition of non-core undeveloped land with no associated production or assigned reserves in the Goose area of northeast British Columbia. Consideration for the Goose disposition totaled approximately $49 million in cash, before closing adjustments, and provides Crew with an additional source of funding to continue our Montney-focused growth strategy.

In addition, Crew is pleased to announce that the Toronto Stock Exchange (“TSX”) has accepted the Company’s notice of intention to commence a normal course … Continue Reading

CALGARY, ALBERTA–(Marketwired – May 18, 2017) – Crew Energy Inc. (TSX:CR) (“Crew” or “the Company”) is pleased to announce the voting results for the election of directors at its annual and special meeting of shareholders held on May 18, 2017 (the “Meeting”). Each of the five nominees proposed by Crew and as set forth in the Information Circular – Proxy Statement provided to shareholders in connection with the Meeting were re-elected as directors, with common shares represented at the Meeting voting in favour of individual nominees as follows:

CALGARY, ALBERTA–(Marketwired – May 8, 2017) – Crew Energy Inc. (TSX:CR) (“Crew” or the “Company”) is pleased to announce our operating and financial results for the three month period ended March 31, 2017, along with an updated independent Montney Resource Evaluation. Our Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three month period ended March 31, 2017 are available on Crew’s website and filed on SEDAR.

Q1 HIGHLIGHTS

CALGARY, ALBERTA–(Marketwired – March 14, 2017) –

THIS PRESS RELEASE IS NOT FOR PUBLICATION OR DISSEMINATION IN THE UNITED STATES, FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW

Crew Energy Inc. (TSX:CR) of Calgary, Alberta (“Crew” or the “Company“) announced today the successful closing of its previously announced offering of C$300 million aggregate principal amount of 6.500% senior unsecured notes due March 14, 2024 (the “2024 Notes“). The 2024 Notes were offered in each of the provinces and territories of Canada and in the United States on a private placement basis without the … Continue Reading