May 7 (Reuters) - Crew Energy Inc CR.TO :
* CREW ENERGY INC. ANNOUNCES FIRST QUARTER 2020 FINANCIAL AND OPERATING RESULTS
* CREW ENERGY INC QTRLY PRODUCTION OF 23,894 BOE PER DAY
* CREW ENERGY INC - QUARTER END NET DEBT OF $337.7 MILLION WAS 3% LOWER THAN Q4/19
* CREW ENERGY INC - PLANS TO COMMENCE SHUTTING-IN ADDITIONAL PRODUCTION IN MAY, 2020
* CREW ENERGY INC - CURRENTLY ANTICIPATES SHUT-INS OF APPROXIMATELY 750 BOE PER DAY AT LLOYDMINSTER
* CREW ENERGY INC - MAINTAIN ANNUAL PRODUCTION GUIDANCE OF 20,000 TO 22,000 BOE PER DAY
* CREW ENERGY INC - ANNUAL CAPITAL BUDGET RANGE HAS BEEN REDUCED TO $35 TO $40 MILLION
* CREW ENERGY INC QTRLY LOSS PER SHARE $1.27
* CREW ENERGY INC QTRLY PETROLEUM AND NATURAL GAS SALES $38.1 MILLION VERSUS $55.5 MILLION