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Chinook Energy Inc. Common CNKEF

Energy Oil & Gas E&P


GREY:CNKEF - Post by User

Chinook Energy Inc. Common > Polar Vortex is coming in North America, Great for CKE
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Post by InvestLargeCon Dec 01, 2017 1:09pm
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Post# 27073367

Polar Vortex is coming in North America, Great for CKE

Polar Vortex is coming in North America, Great for CKE
Amid rising Edmonton Condensate price for the Condensate production, arctic air will push natural gas prices higher than today and CKE will have the opportunity to hedge a big part of its 2018 natural gas production at very good prices and protect its cash flow in 2018.
 
CKE exports about 30% of its natural gas production to the Chicago Citygates receiving premium pricing.

https://www.goodhousekeeping.com/life/news/a47125/december-2017-weather-forecast/
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