Crew Energy Inc.

Crew Energy Inc.

March 24, 2005 14:21 ET

Crew Energy Announces Filing of its 2004 Year End Disclosure Documents


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CREW ENERGY INC.

TSX SYMBOL: CR

MARCH 24, 2005 - 14:21 ET

Crew Energy Announces Filing of its 2004 Year End
Disclosure Documents

CALGARY, ALBERTA--(CCNMatthews - March 24, 2005) - Crew Energy Inc.
(TSX:CR) ("Crew") today filed its Initial Annual Information Form, which
includes Crew's reserves data and other oil and gas information for the
period ended December 31, 2004 as mandated by National Instrument 51-101
Standards of Disclosure for Oil and Gas Activities of the Canadian
Securities Administrators. As Crew intends to rely on the Initial Annual
Information Form for the purposes of National Instrument 44-101 - Short
Form Prospectus Distributions, it is required to be reviewed by Canadian
Securities Regulatory Authorities of one or more jurisdictions and,
accordingly, the information contained therein may be subject to change.

Crew has also filed its audited consolidated financial statements and
accompanying notes for the year ended December 31, 2004 and related
Management Discussion and Analysis with Canadian Securities Regulatory
Authorities. Copies of Crew's 2004 disclosure documents may be obtained
at www.sedar.com or by e-mailing the company at investors@crewenergy.com.

Crew is a junior oil and gas exploration and production company whose
shares are traded on The Toronto Stock Exchange under the trading symbol
"CR".

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Crew Energy Inc.
    Dale O. Shwed
    President and Chief Financial Officer
    (403) 231-8850
    or
    Crew Energy Inc.
    John G. Leach
    Vice President, Finance & CFO
    (403) 231-8859
    Website: www.crewenergy.com