This capital budget will allow Chinook to drill, complete and tie-in six (4.5 net) wells prior to December 31, 2017 in addition to the three (2.6 net) wells currently being completed and tied-in. Tough to see a growth story here. CKE-T on the Toronto Stock Exchange 650 net acres of undeveloped land. 0 stock analysts Additional information on these and other factors that could affect Chinook's operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) and at Chinook's website (www.chinookenergyinc.com). Great company. Readers are cautioned that the forgoing list of factors is not exhaustive.
Balance sheet was a little more levered than it should be but they did an equity issue and is now back on side. We will not release or resell your information to third parties without your permission.
In the interest of providing Chinook's shareholders and readers with information regarding Chinook certain statements contained in this news release constitute forward-looking statements or information (collectively "forward-looking statements") within the meaning of applicable securities legislation. Natural gas has turned into a disaster.
Given that the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value. If you see something that you know is not right or if there is a Feels the assets are worth a lot more than where the stock is trading. Mark-to-market derivative contracts are excluded from working capital surplus, as management intends to hold each contract through to maturity of the contract’s term as opposed to liquidating each contract’s fair value or less. The reader is cautioned that this news release contains the term working capital surplus, which is not a recognized measure under IFRS and is calculated as bank debt adjusted for working capital excluding mark-to-market derivative contracts, current portion of decommissioning obligation and assets and liabilities held for sale. Very gas weighted. Can't see who would want all of the company's assets. Good management team. You might want to wait to buy it because it is Nat. A lot of these companies are taking in provable and probable reserves for financing for the next year. An attractive company. The actual results of Chinook’s operations and the resulting financial results may vary from the amounts set forth herein, and such variations may be material.
Readers are cautioned that the forgoing list of factors is not exhaustive. Chart is a big red flag. Also had some debt issues. Very clean balance sheet. Energy is positive coming up, but the chart on this one is not that appealing. Forward-looking statements are typically identified by words such as “anticipate”, “continue”, “estimate”, “expect”, “forecast”, “guidance”, “may”, “will”, “project”, “could”, “plan”, “intend”, “should”, “believe”, “outlook”, “potential”, “target” and similar words suggesting future events or future performance. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. One of his favourite junior gas names. Well run. CALGARY, ALBERTA–(Marketwired – Feb. 8, 2017) – Chinook Energy Inc. (TSX:CKE) (“Chinook” or the “Company“) is pleased to announce the following non-core asset disposition and its capital program and guidance for 2017. Good name. This unit is in excellent condition and spotlessly clean. Develops niche oil and gas opportunities in international hydrocarbon provinces. Barrels of oil equivalent (boe) is calculated using the conversion factor of 6 mcf (thousand cubic feet) of natural gas being equivalent to one barrel of oil. experts mostly recommend to sell the stock. Suspects they are going to ease back a little on some of their Cap X plans. He was a financing agent for them in the past 12 months, but doesn't own.
Working capital excluding mark-to-market derivative contracts, current portion of decommissioning obligation and assets and liabilities held for sale is calculated as current assets less current liabilities both of which exclude derivative contracts and assets and liabilities held for sale and current liabilities excludes any current portion of debt and decommissioning obligation.
Hoping the sale price will be north of $2.