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Press release from Marketwire

Crew Energy Inc. Completes Edson Asset Disposition

Thursday, April 01, 2010

Crew Energy Inc. Completes Edson Asset Disposition13:39 EDT Thursday, April 01, 2010CALGARY, ALBERTA--(Marketwire - April 1, 2010) - Crew Energy Inc. (TSX:CR) of Calgary, Alberta ("Crew") has closed its previously announced disposition of oil and gas assets in the Edson area of West Central Alberta for gross proceeds of $126 million, before closing adjustments. Complete details of the disposition and concurrent farmout arrangement with respect to the Cardium rights on the same lands were contained in Crew's press release dated March 10, 2010. Crew Energy Inc. is a Calgary, Alberta based oil and natural gas exploration, development and production company whose shares are traded on the Toronto Stock Exchange under the trading symbol "CR".FOR FURTHER INFORMATION PLEASE CONTACT: Crew Energy Inc. Dale O. Shwed President and Chief Executive Officer (403) 231-8850 or Crew Energy Inc. John G. Leach Senior Vice President and Chief Financial Officer (403) 231-8859 www.crewenergy.com