GREY:CNKEF - Post by User
Comment by
bouquetson Apr 25, 2017 7:15pm
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Post# 26165525
RE:2018
RE:2018Hi nlr2. Have you looked at slide 12 of their April presentation? They lay out their capex plans and projected production quite well there.
https://www.chinookenergyinc.com/wordpress/wp-content/uploads/2017/04/CKE-April-2017-Presentation_Uploaded.pdf
According to the projection there, they'll need to expand their compressor capacity at the end of 2018 or beginning of 2019.
As for the cash-flows, etc., it looks to me like they're OK at present prices. If prices go higher, they'll do quite well. If prices fall, there could be some pain.