Recall, during 2Q17 Chinook was drilling 4 (3.63 net) wells at its Birley/Umbach NE BC property. In this update, Chinook announced that the drilling and completion costs per well were expected to approximate ~$4.24mm/well, slightly ahead of our type curve drilling and completion costs of $3.225mm/well.
14 Sep 2017
FLASH: Positive well results at Birley/Umbach
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FLASH: Positive well results at Birley/Umbach
CHINOOK ENERGY (CKE:TSE) | 0 0 -5.0% | Mkt Cap: 44.7m
- Published:
14 Sep 2017 -
Author:
Robert Fitzmartyn -
Pages:
2
Recall, during 2Q17 Chinook was drilling 4 (3.63 net) wells at its Birley/Umbach NE BC property. In this update, Chinook announced that the drilling and completion costs per well were expected to approximate ~$4.24mm/well, slightly ahead of our type curve drilling and completion costs of $3.225mm/well.