Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Chinook Energy Inc. Common CNKEF

Energy Oil & Gas E&P


GREY:CNKEF - Post by User

Chinook Energy Inc. Common
Bullboard Posts
User Avatar Image
(13)
•••
Comment by bigreturn11on Jan 15, 2016 1:51pm
144 Views
Post# 24462848

RE:CKE's Valuation & ERF's Sale of C$193 million (5,400 boepd)!

RE:CKE's Valuation & ERF's Sale of C$193 million (5,400 boepd)!CKE Market Cap is currently $96MM.
Cash $30MM
Debt $0
Production 10,000 BOE/D
Gas Production ~70%

EV of CKE = $6,600 per BOE/D

I don't care if NG markets are $1 per unit and condensate at $25/bbl...the EV is ridiculous.

The cure for low oil prices is low oil prices. Cap the wells and tread water until the demand increases!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities