| Crew Energy Announces Closing of Princess, Alberta Asset Disposition | |
| | |
|
CALGARY, ALBERTA--(Marketwired - Sep 30, 2014) - Crew Energy Inc. (CR.TO) ("Crew" or the "Company") is pleased to announce 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 August 1, 2014 (the "Princess Disposition"). Full details regarding the Princess Disposition and the Company's expanded focus on Montney development were contained in Crew's press release dated August 28, 2014. Consideration for the Princess Disposition totaled approximately $150 million in cash, before closing adjustments, which provides Crew with an additional and non-dilutive source of funding to continue the acceleration of its five year Montney growth plan. Crew Energy Inc. is a growth-oriented oil and natural gas producer, primarily focused in the vast Montney resource situated in northeast British Columbia. Crew's common shares trade on Toronto Stock Exchange ('TSX') under ticker 'CR'. For further information, please visit the Company's website at www.crewenergy.com.
|
|
|
Crew Energy Inc.
|
|
|
CODE : CR.TO |
ISIN : CA2265331074 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Crew Energy is a producing company based in Canada. Crew Energy is listed in Canada and in Germany. Its market capitalisation is CA$ 648.9 millions as of today (US$ 473.6 millions, € 444.2 millions). Its stock quote reached its highest recent level on February 11, 2005 at CA$ 9.99, and its lowest recent point on March 20, 2020 at CA$ 0.15. Crew Energy has 146 820 000 shares outstanding. |