Wednesday, June 25, 2025

Chinook Energy Provides Update

Chinook Energy Inc. (ticker: CKE) reported that it has successfully completed its three-well (2.62 net wells) drilling program at Birley/Umbach, that was announced on November 9, 2016. Chinook said it drilled the wells on schedule and under budget by approximately 26% with average drilling costs of approximately $1.28 million per well ($1.12 million, net). The company expects to complete and