Impact: Slightly negative. While our cash flow estimates will undoubtedly fall in light of the Company's formal guidance, the conservative capital program should more than offset lower cash flow, resulting in a further improvement to the balance sheet. All told, Chinook continues to battle a weak natural gas tape, that is compounded regionally at Station 2, with a strategy of timely and calculated capital spending in order to strengthen its balance sheet while continuing to prove up what is seem ....
08 Mar 2016
ANNOUNCES YEAR-END RESULTS AND CONSERVATIVE 2016 CAPITAL PROGRAM
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ANNOUNCES YEAR-END RESULTS AND CONSERVATIVE 2016 CAPITAL PROGRAM
CHINOOK ENERGY (CKE:TSE) | 0 0 -5.0% | Mkt Cap: 44.7m
- Published:
08 Mar 2016 -
Author:
Robert Fitzmartyn -
Pages:
2
Impact: Slightly negative. While our cash flow estimates will undoubtedly fall in light of the Company's formal guidance, the conservative capital program should more than offset lower cash flow, resulting in a further improvement to the balance sheet. All told, Chinook continues to battle a weak natural gas tape, that is compounded regionally at Station 2, with a strategy of timely and calculated capital spending in order to strengthen its balance sheet while continuing to prove up what is seem ....