Impact: Slightly negative. Chinook posted 4Q15e production lower than our thinking along with a 2015 exit rate which is notionally negative to our 1Q16e estimates, but mostly a function of timing. Imminent commencement of production through the newly expanded Birley compressor should bring volumes in line with our estimates for the balance of the year.
09 Feb 2016
CHINOOK ENERGY INC. (CKE) ANNOUNCES ITS DECEMBER 31, 2015 RESERVES AND PROVIDES OPERATIONS UPDATE
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CHINOOK ENERGY INC. (CKE) ANNOUNCES ITS DECEMBER 31, 2015 RESERVES AND PROVIDES OPERATIONS UPDATE
CHINOOK ENERGY (CKE:TSE) | 0 0 -5.0% | Mkt Cap: 44.7m
- Published:
09 Feb 2016 -
Author:
Robert Fitzmartyn -
Pages:
3
Impact: Slightly negative. Chinook posted 4Q15e production lower than our thinking along with a 2015 exit rate which is notionally negative to our 1Q16e estimates, but mostly a function of timing. Imminent commencement of production through the newly expanded Birley compressor should bring volumes in line with our estimates for the balance of the year.