Crew Energy Achieves Certification Under the EO100 Standard for Responsible Energy Development
September 21 2022 - 7:00AM
Crew Energy Inc. (TSX: CR; OTCQB: CWEGF) ("
Crew"
or the "
Company"), a growth-oriented natural gas
weighted producer operating in the world-class Montney play in
northeast British Columbia (“
NE BC”), is pleased
to announce that we have achieved independent certification of our
natural gas and natural gas liquids production from our NE BC
Development area under the Equitable Origin EO100™ Standard for
Responsible Energy Development (the
“
Certification”).
The Certification confirms Crew’s best-practice
methods for environmental, social and governance
(“ESG”) performance in the energy sector and
demonstrates our commitment to continuous improvement. As part of
the Certification process, a team of approved third-party assessors
from AECOM Canada Ltd. conducted an in-depth and independent
assessment of our operations to review Crew’s alignment with the
five principles of the EO100™ Standard, including corporate
governance, transparency & ethics; human rights, social impacts
& community engagement; Indigenous Peoples’ rights; fair labour
& working conditions; and climate change, biodiversity &
environment.
As part of our Certification, Crew has committed
to a continuous improvement plan that incorporates all five
principles under the EO100™ Standard. Progress against this plan
will be evaluated annually.
“We are very proud that Crew’s leading ESG
practices have been recognized through the rigorous EO100™
Certification,” said Dale Shwed, President and CEO of Crew. “We
have strived to continuously reflect our values of high integrity
and ethical behavior across all aspects of our business. Achieving
this independent EO100™ Certification demonstrates our success to
date and sets the stage for continued improvement in our efforts to
create value for our shareholders in a responsible and sustainable
way.”
About Equitable Origin
Equitable Origin is a non-profit organization,
active throughout North America, with a mission of partnering with
business, communities and government to support transparent,
equitable, and sustainable development of energy and natural
resources. The organization drives positive change by fostering
stakeholder dialogue and helping companies measure and benchmark
their performance against the rigorous EO100™ Standard.
The EO100™ Standard aims to promote the
transition to more transparent, responsible, and sustainable energy
development operations, with early adopters gaining access to
ethical energy buyers interested in more responsible energy
products. To learn more, visit www.energystandards.org.
About Crew
Crew is a growth-oriented natural gas and
liquids producer, committed to pursuing sustainable per share
growth through a balanced mix of financially and socially
responsible exploration and development. The Company’s operations
are exclusively located in northeast British Columbia and feature a
vast Montney resource with a large contiguous land base in the
Greater Septimus and Groundbirch areas in British Columbia,
offering significant development potential over the long-term. Crew
has access to diversified markets with operated infrastructure and
access to multiple pipeline egress options. The Company’s common
shares are listed for trading on the Toronto Stock Exchange (“TSX”)
under the symbol “CR” and on the OTCQB in the US under ticker
“CWEGF”.
FOR DETAILED INFORMATION, PLEASE
CONTACT:
Dale Shwed, President and CEO |
Phone: (403) 266-2088 |
|
|
John Leach, Executive Vice President and CFO |
Email: investor@crewenergy,com |
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