Latest Breaking News On - Initial production - Page 11 : comparemela.com
“Adjusted funds flow”, “adjusted funds flow per share, basic and diluted”, “adjusted funds flow per boe”, “operating income” and “operating netback per boe” do not have a standardized meaning under International Financial Reporting Standards (IFRS) and GAAP and therefore may not be comparable with the calculations of similar measures for other companies. “Adjusted funds flow” adjusts for decommissioning expenditures from funds flow. Please refer to “Non-GAAP Financial Measures” and “BOE equivalent” at the end of this news release and to the section entitled “Non-GAAP Measures” in our MD&A for details of calculations, rationale for use and applicable reconciliation to the nearest IFRS measure.
Oklahoma
United-states
Nisku
Alberta
Canada
Texas
Canadian
Darren-dittmer
Doug-bartole
Pembina-cardium
Development-costs
Company-credit-facility
Crew or the
Company ) is pleased to provide an update on the progress and achievements realized following the announcement of our innovative 2021 and 2022 asset development plan, released on December 10, 2020. We are also pleased to provide production estimates for Q4/20 and full year 2020, along with current production levels and details on our recent drilling and completion activities.
Production (CNW Group/Crew Energy Inc.)
AFF Growth (CNW Group/Crew Energy Inc.)
9-5 Curve (CNW Group/Crew Energy Inc.)
Leverage (CNW Group/Crew Energy Inc.)
Crew s pivotal two-year plan is designed to expand margins and significantly improve leverage metrics by efficiently calibrating our production volumes to match ongoing infrastructure and transportation commitments. During 2021, the Company plans to invest $120 to $145 million of capital, which is expected to drive average production of 26,000 to 28,000 boe per day
Groundbirch
British-columbia
Canada
United-kingdom
Toronto
Ontario
British
Canadian
John-leach
National-instrument
Pad-most-efficient-in-company-history
Toronto-stock-exchange