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