-13 C
Fort St. John
Wednesday, January 23, 2019
9924 101 ave Fort St. John, B.C.
Advertisement
Advertisement
Home News Crew Energy nets $138 million in sale of Princess, Alberta asset

Crew Energy nets $138 million in sale of Princess, Alberta asset

Advertisement

The funds from the sale will go towards the growth of the company’s Montney capital program and to repay bank debt. The sale includes 259,234 net acres of petroleum and natural gas rights.

The company anticipates that the development of its Montney site which is 300,000 acres can replace the production and reserves from the Princess site.

- Advertisement -

get the latest news in your inbox

Author

Advertisement
Advertisement
Advertisement
Advertisement

Local Events

Advertisement
Advertisement
Advertisement

Must Read

TAIC presents Taylor Council with 2018 Facility Report

TAYLOR, B.C. - The Taylor Access & Inclusion Committee gave an update on the 2018 Facility Report to Taylor Council at a recent Council...