Chinook Energy Inc. Common CNKEF

RE:Greater than 33% of 2019 natural gas sold at Chicago pricing

[Windyhill]

The two new wells drilled is significant in my opinion. It really opens up the potential of additional reserves of the land holdings.
These vertical wells were drilled six kilometres apart and more than 12 kilometres north and east of the nearest Montney wells drilled to date.  Each well encountered approximately 225 metres of total Montney thickness compared to approximately 238 metres at Birley.  The quality of the reservoir encountered, particularly in the top 75 metres of the Montney, exceeded our expectations with some of the best and most consistent hydrocarbon charged porosity seen on wireline log data in the entire area. 

This is Significant !