CR Crew Energy Inc

Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) of Calgary, Alberta is
pleased to announce that it has exercised its option to purchase the third
tranche of Montney acreage (81 net sections) in northeast British Columbia for a
purchase price of $36 million (the "Acquisition"). Crew has the option, 10 days
prior to closing, to elect to pay all cash or pay a minimum of $10 million cash
with the balance of the consideration payable in common shares of Crew, the
number of shares to be determined based on the volume weighted average trading
price for the ten trading days immediately preceding closing. Completion of the
Acquisition is subject to satisfaction of customary conditions and is expected
to close on or before July 9, 2013. An updated map of the Company's Montney
acreage is posted on the Company's website at www.crewenergy.com. 


Advisory

This press release contains forward-looking statements. More particularly, this
press release contains forward-looking statements concerning the completion of
the Acquisition and the timing. Forward-looking statements necessarily involve
risks including, without limitation, risks associated with closing of the
Acquisition and satisfaction of conditions thereto. As a consequence, the
Company's actual results may differ materially from those expressed in, or
implied by, the forward-looking statements. Forward-looking statements or
information are based on a number of factors and assumptions which have been
used to develop such statements and information but which may prove to be
incorrect. Readers are cautioned that there is no assurance that the Acquisition
will be completed in a timely fashion, or at all. Although Crew believes that
the expectations reflected in such forward-looking statements or information are
reasonable, undue reliance should not be placed on forward-looking statements
because the Company can give no assurance that such expectations will prove to
be correct.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Crew Energy Inc.
Dale Shwed
President and C.E.O.
(403) 231-8850
dale.shwed@crewenergy.com


Crew Energy Inc.
John Leach
Senior Vice President and C.F.O.
(403) 231-8859
john.leach@crewenergy.com


Crew Energy Inc.
Rob Morgan
Senior Vice President and C.O.O.
(403) 513-9628
rob.morgan@crewenergy.com
www.crewenergy.com

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