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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Comment by ofirmeon Mar 09, 2018 4:45pm
75 Views
Post# 27694553

RE:RE:RE:Healthy Balance Sheet, Buyout, 240 locations, NO 2018 CapEx

RE:RE:RE:Healthy Balance Sheet, Buyout, 240 locations, NO 2018 CapExThe 2 verticals done in 2018 evaluate the Montney interval (whole of it) at Martin.
You are right that they have not published results yet. 
As far as derisking another portion of their land - each time they drill a new well they prove
 a few more locations. 4 newer drills that did not even have IP90 at 12/31 will translate 
 next year into additional proved and developed plus more locations proved but 
 undeveloped. 
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