GREY:CNKEF - Post by User
Post by
CBalardoon Nov 15, 2018 11:12pm
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Post# 28984003
Even bad ceo can’t mess this one up!
Even bad ceo can’t mess this one up!The average cost in US Dollars to drill and complete a onshore gas well is 5-7 million. Chinook has a nice amount of Wells now. Canadian energy will convert 1 third of its coal generation into renewable energy and two-thirds will convert to natural gas that’s not taking into account of Asia converting over 15% a year from coal to natural gas. The great part is all the grants put forth buy governments to help the transition making happen sooner than later. It’s just going to get harder and harder to hold gas prices down with so much demand coming from so many directions. I’m glad we got some of our Wells in before pricing changes. There’s a few gas companies I like, but come on this one takes the cake for value. Storm is having great results as well in Umbach area as us I think we are in great position for many great possibilities. Please feel free to tear my post apart and give some feed back. Love Shaggy