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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Comment by bouquetson Nov 11, 2017 3:35pm
93 Views
Post# 26945757

RE:between rock and a hard place

RE:between rock and a hard placeThanks, Peter, for bringing together those threads, which are quite striking when put next to one another.  The issue may explain something in Chinook's 3Q MD&A (p. 12):

Our 2014 strategic acquisition of the 12” Aitken Creek pipeline that passes through our Birley lands and connects our Martin Creek and Black Conroy production to a third party downstream sales pipeline provides us with optionality with future area infrastructure development, to flow directly to the Alliance pipeline with access to Chicago markets. Additional connections in the immediate area can provide alternate access to markets such as BC Station 2 via Enbridge’s T-North pipeline or connect to TCPL’s North Montney expansion when complete in 2019 or 2020.

This pipeline, which I had not understood before, is about expanding take-away options down the road.  

 

 
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