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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Post by stockfyon Jan 22, 2020 2:53am
103 Views
Post# 30581393

Station 2 has been above C$2 per mcf since November

Station 2 has been above C$2 per mcf since NovemberStation 2 has been above C$2 since last November. It closed at C$2.47  yesterday (see psac) while CKE has restored its production slightly above 4,000 boepd.

About 2,000 boepd are sold at Station 2. The rest of its nat gas production is sold at Chicago City Gate and Alliance ATP.

Alliance ATP has been above C$2 since last September.

However, few are forward thinkers to realize the positive impact on CKE's cash flows.





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