Chinook Energy Inc. Common CNKEF

RE:CKE proforma Tournament and LXE, TET, NVA, SRX

[righand2]

Miner1967 wrote: The other Montney natural gas weighted producers like LXE, NVA, TET, SRX etc. trade at C$40,000/boepd and C$6/boe and higher, despite the fact that they have a considerable amount of debt and operate at the same Montney areas and receive the same pricing from BC station 2/AECO and Alliance. Thanks to Alliance, all of them receive Chicago pricing which is now at US$2.60/mmbtu or C$3.4/mmbtu.

If CKE is getting US$2.60/mmbtu, why are they shutting in production "because of low prices"? Answer that.