Chinook Energy Inc. Common CNKEF

RE:Valuations and Montney rates: LXE versus CKE

[bouquets]

Thanks for pulling that together, Stockfy.  Comparing Leucrotta and Chinook, however, is not very helpful or enlightening.  Chinook's assets are natural gas wells that also produce condensate and NGLs.  Leucrotta has similar assets, but also has lands that produce gas-rich light oil, and it seems that it is going after these oil assets rather than gas ones. The market's pricing of Leucrotta, then, might include a favorable view of oil and an unfavorable one of gas.