Brief: Crew Energy Announces 2023 Capital Budget And 4-Year Plan To Significantly Increase Size And Scale Through 2026 By Building On Success Of Previous Two-Year Plan
08/12/2022 22:13
Dec 8 (Reuters) - Crew Energy Inc CR.TO :
* CREW ENERGY ANNOUNCES 2023 CAPITAL BUDGET AND 4-YEAR PLAN
TO
SIGNIFICANTLY INCREASE SIZE AND SCALE THROUGH 2026 BY BUILDING
ON SUCCESS OF PREVIOUS TWO-YEAR PLAN
* CREW ENERGY INC - FULL YEAR 2023 NET CAPITAL EXPENDITURES5
BUDGET IS FORECASTED TO BE $230 TO $250 MILLION
* CREW ENERGY INC - ASSUMES THE INVESTMENT OF BETWEEN $400
TO $450
MILLION IN NET CAPITAL EXPENDITURES5 IN 2024
* CREW ENERGY INC - ASSUMES 2025 NET CAPITAL EXPENDITURES5
BETWEEN
$400 TO $450 MILLION
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