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Chinook Energy Inc. Common CNKEF

Energy Oil & Gas E&P


GREY:CNKEF - Post by User

Chinook Energy Inc. Common > New CKE (MONTNEY): Plant + 19 MMboe + 5,400 boepd = C$90 m
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Comment by auburn2on Dec 25, 2016 7:28pm
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Post# 25643351

RE:RE:New CKE (MONTNEY): Plant + 19 MMboe + 5,400 boepd = C$90 m

RE:RE:New CKE (MONTNEY): Plant + 19 MMboe + 5,400 boepd = C$90 m


George, with all due respect they're partnered with Statoil. Statoil is ranked by Forbes Magazine (2013) as the world's eleventh largest oil and gas company and the twenty-sixth largest company, regardless of industry, by profit in the world.[4]

See this: https://hydracapital.ca/we-are-hydra/valeura-makes-arranges-3-in-1-deal-to-consolidate-jv-interests-statoil-relationship-deepens

Meanwhile Malone Mitchell is a billionaire oilman who explicitly chose Turkey for his latest company.

https://www.forbes.com/profile/malone-mitchell/

Alacer Gold has been operating there for ~20 years without issue.

No need to fearmonger. CKE is a good company as well but is at the complete mercy of a very poor North American gas market.

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