At Crew Energy Inc. (“Crew”), we are a team working together to achieve a common goal. Crew’s diverse group, nimble approach, and “out-of-the-box” thinking has enabled individuals across the Company to drive positive change from the boardroom to our operating areas.
About Crew
At the heart of our Company is the word ‘crew’, which we define as a group of people working together to achieve a common goal.
We are proud to be a part of achieving Canada’s progressive energy goals and continuously strive to be a corporate leader generating positive returns for our stakeholders while respecting and honoring our core principles of environmental, social and governance (“ESG”). Our focus remains on ensuring the health and safety of stakeholders throughout the COVID 19 pandemic, while striving to capture opportunities to generate long term value.
With the release of our web based inaugural ESG disclosure (“ESG Disclosure”) in 2021, we are thrilled to demonstrate our ongoing commitment to transparency and to upholding the highest standard in ethical practices. Our ESG disclosure mainly captures our activities and performance from 2017 to 2020 and includes highlights of our performance through the first half of 2021. Additionally, our ESG Disclosure details our commitments, goals and targets going forward.
Published as a web-based platform, we are excited with the ability to easily update our stakeholders on our ESG performance as we continue to make sustainability a main priority for our business.
2020 Corporate Highlights
58
Full Time and Permanent Employees
22,995 boe/d
Average annual production
$41.2 million
Adjusted Funds Flow
$86.3 million
Gross capital spend
240
Active Producing Wells (Gross)
4.46
Liability Management Rating (“LMR”) (average of all provinces)
72% / 28%
72% Natural Gas / 28% Liquids
5% Decline
in Net operating costs from 2019
28% Decline
in general and administrative (“G&A”) costs from 2019
Crew's Asset Base
Crew’s operations are focused primarily in the Montney in Northeast British Columbia, where we continue to execute on our strategy.
Participating in the Energy Transition
Crew continues to take proactive steps to help meet the increasing global demand for energy while upholding the highest operating standards and most responsible practices in the industry.
