GREY:CNKEF - Post by User
Post by
bouquetson Oct 18, 2017 7:45pm
218 Views
Post# 26829078
October presentation
October presentation The October presentation is now at the Chinook website. Most of the relevant facts are already known to this board — the test rates of the new four wells, etc. Some positives: the company exit guidance remains unchanged; projections of IP30 and IP365 of 'Birley Montney Type Well' (slide 10) are higher, as are reserves. Neutral (in my opinion): typical capex per well is up (but for longer horizontals and more fracs, hence neutral). Slight negatives: 1st year netback is slightly down and 'payout' up. My reading is that this presentation is 'steady as she goes'. Comments?