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Manitok Energy Inc MKRYF

Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Bullboard Posts
Comment by Marlbankon Jan 24, 2014 12:45pm
232 Views
Post# 22130741

RE:January Presentation 2014 exit 7,100 - 7,500

RE:January Presentation 2014 exit 7,100 - 7,500
Taking another look is a very good idea. I estimate that MEI has roughly 60% of its NG prod. hedged until April, jumping to over 80% thereafter for 2014. If someone has a real handle on GJ/mmcf conversion they might make this more exact. More interesting possibly, was noticing the note regarding the odd sections at Entice. MEI has agreements in place for pool adjustments and first right of refusal to purchase these sections. Note that MEI's 98000 acres are the even sections. That's a good loose end to tie up!
Bullboard Posts