GREY:CNKEF - Post by User
Post by
Miner1967on Feb 09, 2017 1:48am
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Post# 25820985
More good news & management moves fast as scheduled
More good news & management moves fast as scheduled - Non core Knopcik/Pipestone assets been sold as it was scheduled for 7.5 million.
- So working capital surplus will be $25 million as at March 31, 2017,+50% than previously projected.
- Chinook to drill, complete and tie-in 6 MORE wells in 2017.
- For this reason Chinook’s compressor station at Birley/Umbach will double its capacity to 50 mmcf/d to handle the increasing production.