CALGARY, Alberta, May 24, 2018 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX:CR) (“Crew” or the “Company”) is pleased to announce the voting results for the election of directors at its annual meeting of shareholders held earlier today (the “Meeting”). Each of the seven nominees proposed by Crew and as set forth in the Information Circular – Proxy Statement dated April 20, 2018 provided to shareholders in connection with the Meeting were elected as directors, with common shares represented at the Meeting voting in favour of individual nominees as follows:
|Nominee Name||Votes For (%)||Votes Withheld (%)|
|John A. Brussa||78,782,710 (81.3%)||18,125,400 (18.7%)|
|Jeffery E. Errico||85,527,759 (88.3%)||11,380,351 (11.8)%|
|Dennis L. Nerland||78,464,737 (81.0%)||18,443,373 (19.0%)|
|Karen A. Nielsen||85,856,663 (88.6%)||11,051,447 (11.4%)|
|Ryan A. Shay||85,712,218 (88.5%)||11,195,892 (11.6%)|
|Dale O. Shwed||84,685,280 (87.4%)||12,222,830 (12.6%)|
|David G. Smith||96,517,057 (99.6%)||391,053 (0.4%)|
For complete voting results, please see our Report of Voting Results which will be available shortly under the Company’s profile on SEDAR at www.sedar.com.
Crew is a growth-oriented oil and natural gas producer, committed to pursuing sustainable per share growth through a balanced mix of financially responsible exploration and development complemented by strategic acquisitions. The Company’s operations are primarily focused in the vast Montney resource, situated in northeast British Columbia, and include a large contiguous land base. Crew’s liquids-rich Septimus and West Septimus areas (“Greater Septimus”) along with Groundbirch and the light oil area at Tower in British Columbia offer significant development potential over the long-term. The Company has access to diversified markets with operated infrastructure and access to multiple pipeline egress options. Crew’s common shares are listed for trading on the Toronto Stock Exchange (“TSX”) under the symbol “CR”.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Dale Shwed, President and C.E.O.
John Leach, Senior Vice President and C.F.O.
Phone: (403) 266-2088