Chinook Energy Inc. Common CNKEF

RE:RE:Corporate Update

[bouquets]

Bean_and_Dunn wrote: The best news contained in the above is the HEDGE at 6,000 MMBTU/D at US$2.68 / mmbtu or CAN$ 3.85 / mcf

The worst news were the outages which severely restricted CKE's production. Peak production was 5,170 boe/d.

The compressor unit was brought in on time and at first glance on budget as well.

Enjoy the cold weather while it lasts!

Good Luck to All,

B&D

Looks like you (yay!) called more correctly than me (boo!). I agree that that hedge looks good.  But as you say the outages sound very serious, since they mean that they can't take advantage of the temporary spike in prices.

It looks to me like its going to be another rough quarter or two.