Brief: Crew Energy Inc Announces 2021 Capital Budget, Two-Year Plan To Increase Production To Drive Margin Expansion

Crew Energy

10/12/2020 12:13

Dec 10 (Reuters) - Crew Energy Inc  CR.TO :
    * CREW ENERGY INC. ANNOUNCES 2021 CAPITAL BUDGET AND
TWO-YEAR PLAN
TO INCREASE PRODUCTION TO DRIVE MARGIN EXPANSION
    * CREW ENERGY INC - BOARD OF DIRECTORS APPROVED A CAPITAL
EXPENDITURE BUDGET FOR 2021
    * CREW ENERGY INC - OVER NEXT 24 MONTHS, CREW PLANS TO
INCREASE
ANNUAL AVERAGE DAILY PRODUCTION BY APPROXIMATELY 150%
    * CREW ENERGY - OVER NEXT 24 MONTHS, CREW PLANS TO EXPAND
ADJUSTED
FUNDS FLOW BY OVER 300% RELATIVE TO 2020, SIGNIFICANTLY
IMPROVING LEVERAGE METRICS

Source text for Eikon:  ID:nCNWNSYffa 
Further company coverage:  CR.TO 

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