Crew Energy
Crew Energy Inc. is a growth-oriented oil and natural gas producer, committed to the pursuit of sustainable per share growth through a balanced mix of financially responsible exploration and development, complemented by strategic acquisitions. Crew's activities are primarily focused in the vast Montney resource situated in northeast British Columbia, where they are one of the top five landholders in the area. Their attractive Montney exposure is complemented by their Lloydminster heavy oil property in Alberta and Saskatchewan. With a leading team of responsible operators, Crew’s five year growth plan is targeting exit production of 45,000 boe per day in 2018. Crew’s common shares are listed for trading on TSX under ticker ‘CR’.
Caltex Resources
Acquisition in 2011
Caltex Energy is a private junior oil and gas company specializing in the exploration and production of hydrocarbons. The company focuses on low-geological risk opportunities, primarily in the Lloydminster region, where it targets heavy oil production. Additionally, Caltex operates in the deep basin, extracting tight gas and natural gas liquids (NGLs). With a production rate of approximately 8,000 barrels of oil equivalent per day, Caltex employs enhanced oil recovery techniques, such as the injection of polymers or carbon, to optimize extraction processes and extend the lifespan of oilfields. This approach allows the company to maintain low operational costs while maximizing the recovery of oil and gas resources.
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