CALGARY, ALBERTA--(Marketwired - May 23, 2014) - Crew Energy Inc. (TSX:CR) ("Crew") is pleased to announce the voting results for the election of directors at its annual and special meeting of shareholders held on May 22, 2014 (the "Meeting"). Each of the five nominees proposed by management were re-elected as directors of Crew to serve until the [...]
CALGARY, ALBERTA--(Marketwired - May 7, 2014) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) of Calgary, Alberta is pleased to present its operating and financial results for the three month period ended March 31, 2014. Highlights Funds from operations in the first quarter increased 52% over the first quarter of 2013 and 8% over the prior [...]
CALGARY, ALBERTA--(Marketwired - Apr 9, 2014) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) of Calgary, Alberta is pleased to announce the successful completion of an acquisition of certain strategic Montney liquids rich natural gas properties in northeast British Columbia for approximately $105 million. The acquired assets include 75 net [...]
CALGARY, ALBERTA--(Marketwired - Mar 7, 2014) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) of Calgary, Alberta is pleased to present its operating and financial results for the three month period and year ended December 31, 2013. Highlights Funds from operations in the fourth quarter increased 14% over the prior quarter to $48.1 million [...]
CALGARY, ALBERTA--(Marketwired - Feb 18, 2014) - Crew Energy Inc. (TSX:CR) of Calgary, Alberta ("Crew" or the "Company") is pleased to announce the results of its independent reserve evaluation for the year ended December 31, 2013 as prepared by Sproule Associates Ltd. ("Sproule"). 2013 HIGHLIGHTS Achieved finding and development ("F&D") costs of [...]
CALGARY, ALBERTA--(Marketwired - Dec 16, 2013) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) is pleased to announce that its Board of Directors has approved a $246 million capital program for 2014 focused on the development of liquids rich natural gas at Septimus, British Columbia and light oil at Tower, British Columbia. The program is [...]
CALGARY, ALBERTA--(Marketwired - Nov 12, 2013) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) of Calgary, Alberta is pleased to present its operating and financial results for the three and nine month periods ended September 30, 2013. Highlights Funds from operations were $42.0 million or $0.35 per share, a 6% increase over the third [...]
Crew Energy is pleased to announce the closing today of its previously announced offering of senior unsecured notes of the Company (the "Notes"). Crew issued $150 million of principal amount of Notes, which bear interest at a rate of 8.375% per annum and mature on October 21, 2020. The Notes were offered in each of the provinces and territories of [...]
Crew Energy announces that it has entered into an agreement with a syndicate of underwriters to issue C$150 million in aggregate principal amount of 8.375% per annum, 7-year senior unsecured notes. The Notes will be direct senior unsecured obligations of Crew ranking equal with all other present and future senior unsecured indebtedness of Crew. The [...]
CALGARY, ALBERTA--(Marketwired - Sep 19, 2013) - In response to the Alberta Environment and Sustainable Resource Development ("Department") Press Release dated September 19, 2013, Crew Energy Inc. (TSX:CR) confirms it is in receipt of an enforcement order, dated September 12, 2013, to restore and reclaim a surface lease in the Suffield area of [...]
Crew Energy of Calgary, Alberta is pleased to announce that it has closed the acquisition of the third tranche of Montney acreage in British Columbia for a purchase price of $35.2 million.