Brief: Crew Energy Inc Provides Operations Update

Crew Energy

01/02/2021 12:21

Feb 1 (Reuters) - Crew Energy Inc  CR.TO :
    * CREW ENERGY - DURING 2021, PLANS TO INVEST $120 TO $145
MILLION
OF CAPITAL, WHICH IS EXPECTED TO DRIVE AVERAGE PRODUCTION OF
26,000 TO 28,000 BOE PER DAY
    * CREW ENERGY INC - ANTICIPATES INCREASING AVERAGE DAILY
PRODUCTION OVER NEXT 24 MONTHS TO A TARGET RANGE OF 31,000 TO
33,000 BOE PER DAY
    * CREW ENERGY INC - Q4/20 PRODUCTION ESTIMATED AT 21,500 BOE
PER
DAY
    * CREW ENERGY INC - FULL YEAR 2020 PRODUCTION IS ESTIMATED
TO
AVERAGE 21,900 BOE PER DAY

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

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