Crew Energy approves 2016 capital expenditure program (Scandinavian Oil-Gas Magazine)

Crew Energy approves 2016 capital expenditure program

Published Jan 6, 2016

Crew Energy Inc. has approved a 2016 capital expenditure program of $74 million structured to preserve balance sheet strength, optimize production throughput to enhance netbacks through firm transportation arrangements and focus on continued cost reductions.

The capital activities planned for 2016 highlight Crew's strategy to maintain financial flexibility while continuing to develop our Montney asset base, positioning the Company for significant future production growth.

Tags: Crew Energy Inc.

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