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Chinook Energy Inc. Common CNKEF

Energy Oil & Gas E&P


GREY:CNKEF - Post by User

Chinook Energy Inc. Common > Question about vertical wells
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Comment by bouquetson Jan 21, 2018 9:48am
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Post# 27403123

RE:RE:Question about vertical wells

RE:RE:Question about vertical wells
RHertig wrote:
These will be inexpensive scientific wells. It will tell them where to drill the horizontal wells. Also it can be used to hold leases cheaply.

I'm guessing it's not to hold the leases yet.  These were acquired at the crown auction in 2015, I believe, and if I recall correctly crown leases for exploration wells (as opposed to development wells) allow 10 years to drill. 
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