Crew Energy Inc. (TSX:CR) of Calgary, Alberta ("Crew") has closed its previously
announced disposition of oil and gas assets in the Edson area of West Central
Alberta for gross proceeds of $126 million, before closing adjustments. Complete
details of the disposition and concurrent farmout arrangement with respect to
the Cardium rights on the same lands were contained in Crew's press release
dated March 10, 2010. 


Crew Energy Inc. is a Calgary, Alberta based oil and natural gas exploration,
development and production company whose shares are traded on the Toronto Stock
Exchange under the trading symbol "CR".


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