Brief: Crew Energy Q4 FFO per share C$0.19

Crew Energy

02/03/2017 21:33

March 3 (Reuters) - Crew Energy Inc  CR.TO  
    * Crew Energy Inc announces fourth quarter and full year 
2016 financial and operating results 
    * Q4 FFO per share C$0.19 
    * 2017 annual production is anticipated to range between 
25,000 and 27,000 boe per day 
    * Crew Energy Inc - for 2017, crew's total natural gas 
hedged position is approximately 48% of forecast 2017 gas sales 
    * Crew Energy -$200 million capital budget for 2017 
anticipates drilling 28 new montney wells, completing 39 wells, 
finalizing west septimus facility expansion in q4 
    * 2017 exit production is expected to be greater than 30,000 
boe per day 
    * Crew Energy Inc - for liquids, have about 43% of 2017 
light oil and natural gas liquids sales hedged at an average 
price of cdn$68.17 per bbl 
 
Source text for Eikon:  ID:nCCNbbXz0p  
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