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Crew Energy Inc (CR.TO)

CR.TO on Toronto Stock Exchange

5.44CAD
28 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Crew Energy Inc announces $50 million disposition
Wednesday, 9 Sep 2015 07:11am EDT 

Crew Energy Inc:Announce that it has closed a $50 million disposition of a minor portion of its Lloydminster, Alberta heavy oil assets.  Full Article

Crew Energy Inc reaffirms FY 2015 production outlook
Thursday, 6 Aug 2015 04:05pm EDT 

Crew Energy Inc:Maintains FY 2015 annual production guidance of 20,000 to 22,000 boe per day, and year-end exit forecast of 24,000 to 25,000 boe per day.  Full Article

Crew Energy Inc maintains FY 2015 production guidance
Thursday, 7 May 2015 07:55pm EDT 

Crew Energy Inc:Maintains FY 2015 annual production guidance of 20,000 to 22,000 boe per day, and year-end exit forecast of 24,000 to 25,000 boe per day.  Full Article

Crew Energy Inc gives FY 2015 production guidance
Monday, 9 Mar 2015 08:00am EDT 

Crew Energy Inc:Forecasts average production for FY 2015 of 20,000 to 22,000 boe per day and exit rate of 24,000 to 25,000 boe per day based on a net capital budget of up to $185 million.  Full Article

Crew Energy Inc announces closing of bought deal financing
Tuesday, 3 Mar 2015 08:30am EST 

Crew Energy Inc:Has closed its previously said bought deal financing.Says total of 16,667,000 common shares of Crew have been issued at price of $6.00 per share for gross proceeds of about $100 mln.Offering was made through a syndicate of underwriters co-led by GMP Securities L.P. and TD Securities Inc.  Full Article

Crew Energy announces $100 million bought deal equity financing
Monday, 9 Feb 2015 04:33pm EST 

Crew Energy:Enters into an agreement with a syndicate of underwriters co-led by GMP Securities L.P. and TD Securities Inc.Pursuant to which the Underwriters have agreed to purchase on a bought deal basis 16,667,000 common shares of Crew at a price of $6.00 per Common Share for aggregate gross proceeds of about $100.0 million.Net proceeds will be initially used to temporarily reduce bank indebtedness, thereby freeing up additional borrowing capacity to fund a portion of Crew's ongoing capital program and for general corporate purposes.  Full Article

Crew Energy announces closing of Princess, Alberta Asset Disposition
Tuesday, 30 Sep 2014 05:00pm EDT 

Crew Energy Inc:Announces that it has closed its previously announced disposition of its petroleum and natural gas assets in the Princess area of Southeast Alberta, with an effective date of Aug. 1.Consideration for the Princess Disposition totaled about $150 million in cash, before closing adjustments, which provides Crew with an additional and non-dilutive source of funding to continue the acceleration of its five year Montney growth plan.  Full Article

Crew Energy announces agreement to dispose of Princess, Alberta Asset
Thursday, 28 Aug 2014 08:00am EDT 

Crew Energy Inc:Entered into an agreement to sell its petroleum and natural gas assets in the Princess area of Southeast Alberta (Princess) for total cash consideration of about $150 million before customary closing adjustments.Disposition is scheduled to close on or about Sept. 30.Proceeds from the Princess Disposition will be used to expand Crew's 2014 Montney capital program by $20 million, and repay bank debt.  Full Article

BRIEF-Crew Energy qtrly loss per share $0.05

* Crew Energy Inc. Announces first quarter 2016 financial and operating results and updated montney resource evaluation