CR Crew Energy Inc

Crew Energy Inc. ("Crew") (TSX:CR) announces the closing of its previously
announced acquisition of Montney formation rights in NE British Columbia. After
closing adjustments, Crew acquired 102.2 net sections for $63.07 million. Crew
is planning an active drilling program on the Montney play with current plans to
drill up to 14 wells in 2008.


Crew is a publicly traded company with its head office in Calgary and is engaged
in the business of exploring for, developing and producing crude oil and natural
gas and acquiring crude oil and natural gas properties in western Canada.


ADVISORY: This press release contains forward looking statement including
drilling plans and the timing thereof. Although Crew believes that the
expectations reflected in these forward looking statements are reasonable, undue
reliance should not be placed on them because Crew can give no assurance that
they will prove to be correct. Since forward looking statements address future
events and conditions, by their very nature they involve inherent risks and
uncertainties. There is no assurance that any resources on the Montney lands
acquired will be discovered or, if discovered, will be commercially viable to
produce. The forward looking statements contained in this press release are made
as of the date hereof and Crew undertakes no obligations to update publicly or
revise any forward looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.

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