Crew Energy Inc. provided production guidance for the fourth quarter and full year of 2021 and first quarter and full year of 2022. The Q4/21 average production is estimated at 29,100 boe per day ahead of previous guidance of 28,000 to 29,000 boe per day and an increase of 34% over Q4/20 average production of 21,666 boe per day.

Full year 2021 production is estimated to average 26,400 boe per day near the midpoint of Crew' s 26,000 to 27,000 boe per day1 previous guidance, and a 20% increase over the prior year.

First quarter 2022 production is expected to average 31,000 to 33,000 boe per day.

Full year 2022 guidance is reconfirmed, for production to average 31,000 to 33,000 boe per day.