GREY:CNKEF - Post by User
Comment by
bigreturn11on Feb 02, 2016 7:16pm
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Post# 24518329
RE:Tourmaline
RE:Tourmaline
Drilling in CKEs target land areas is pretty expensive bu t abit risky for a junior in this market. They will need some capital. I would guess that we will see some JVs occuring with Chinook in the next couple quarters.
Chinook opens the land to drilling for a big producer and they proportionally split production.
The recent presentations discuss looking for JV's. Time will tell but it seems like a win-win if we can team up with a big player.