Chinook Energy Inc. Common CNKEF

RE:CRAFT's NEW Presentation: 2,654 boepd +1,000 boepd with C$2m

[Miner1967]

The claims about the "poor U.S. nat gas market" are obviously wrong and can't be supported by data.

To confirm that you have only to see the prices of NG this winter and search for news. An example:

NRG Energy completes four coal to gas projects

It is a fact that every year more power facilities turn to natural gas. Also, if oil prices go higher, then the oil powered facilities will turn to NG too.

And the procedure is much easier than those of coal powered.

George98 wrote: Let's see whether Walter Vrataric will fulfill his numerous promises to the CKE shareholders and let's check whether Trevor Spagrud will be a competent CEO and will deliver by growing Craft and enhancing shareholder value until Craft goes public with an IPO, an RTO or a buyout from a bigger publicly-traded company.

On that front, CRAFT's December new presentation is out and Craft has been growing its production over the last two months, see slides 3 and 7. I quote what's worth mentioning:

UponclosingoftheManitok transaction,Crafthasfocusedoncreatingshareholdervaluethroughreactivationofshutinproductionandoptimizationofourproducingassets.Asaresultofthisinitiativeretainedasset fieldestimated productionhasincreasedto2,654boe/d(31%oilandNGL)inNovember fromSeptember 2016fieldestimated productionof2,400boe/d(31%oilandNGL).

Reactivationofshutinproductionandoptimizationintiatives haveincreasedaverage

productionfrom2,400boe/d,inSeptember2016to2,654boe/dinNovember.

Crafthasidentifiedupto1,000boe/dofadditionalproductiontobereactivatedforless

thanC$2millionofcapital.

See slides 3 and 7 from the new December presentation with this significant production growth within just two months and the additional 1,000 boepd production growth that requires only C$2 million capital, while CRAFT's annual cash flow in 2017 is estimated at C$5 million with AECO at C$2.56 and WTI at US$51.

And AECO is above C$3 now and will stay above C$3 in 2017.

So CRAFT's annual cash flow can reach and exceed C$6 million in 2017 !

So CRAFT will have FREE Cash Flow of C$3 - C$4 million in 2017 while growing its production by approximately 1,000 boepd:


https://craftoil.ca/wp-content/uploads/2016/10/Craft-Corporate-Presentation-Dec-13-2016-Final.pdf


So CRAFT's production will exceed 3,000 boepd in the next months.