Brief: Crew Energy announces temporary outage at Montney facility

Crew Energy

13/06/2017 14:00

June 13 (Reuters) - Crew Energy Inc  CR.TO - 
    * Crew Energy announces alliance pipeline force majeure 
causes temporary suspension of Montney production 
    * Crew Energy Inc - previously announced q2 2017 production 
guidance of 20,000 to 21,000 boe per day will be impacted 
    * Crew Energy -informed by alliance pipeline limited 
partnership that it has detected slope movement in vicinity of 
its pipeline system near wapiti river 
    * Crew Energy-q2 production guidance to be impacted by 
average of 200 boe per day for each day crew's alliance service 
is unavailable 
    * Crew Energy -alliance will be required to reduce system 
operating pressure at this location for duration of work 
    * Crew Energy - based on alliance's expectation of a three 
to five day outage, q2 production is expected to be impacted by 
about 600 to 1,000 boe per day 
    * Crew Energy Inc - maintains full year guidance of 24,000 
to 26,000 boe per day 
    * Crew Energy - currently has three drilling rigs at work in 
northeast b.c., an inventory of 19 drilled and uncompleted wells 
and one frac spread at work 
    * Crew Energy - work at location will cause reduction in 
firm transportation service capability and zero flow 
restrictions at certain receipt points 
    * Crew Energy Inc - proceeding with tie-in of its expanded 
120 mmcf per day west septimus gas processing facility into 
transcanada pipeline system 
    * Crew Energy Inc -  work on tie-in of west septimus gas 
processing facility expected to commence in fall of 2017 and 
conclude by april of 2018 
 
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