GREY:CNKEF - Post by User
Post by
stockfyon Jan 22, 2020 2:53am
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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.