Crew Energy Reports Record Production in 2023

Crew Energy Inc. (TSE:CR) has released an update.

Crew Energy Inc. reported a robust end to 2023 with a record 55% increase in condensate production and a 21% reduction in net debt, strengthening their financial position. The company also boasted a significant net income of $119.7 million and managed to lower cash costs, contributing to a successful year marked by strategic infrastructure projects and an improved balance sheet.

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