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Chinook Energy Reports 2Q19 Average Production of 1.7 Mboe/d; Down 44% Q/Q

By Criterion Research
August 13, 2019 -

Chinook Energy reported 2Q19 average production of 1.7 Mboe/d, representing a 44% decrease quarter-on-quarter from 3.0 Mboe/d. The production included 10 Bbls/d (up 11% Q/Q) of oil, 8.5 MMcf/d (down 45% Q/Q) of natural gas, and 279 Bbls/d (down 39% Q/Q) of NGLs. The Company is voluntarily restricting its production as BC natural gas price weakness continues. 


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Categories
Oil and Gas
Upstream

Commodities
Crude Oil
Natural Gas

Tags
Earnings Releases
Production

Regions
Western Canadian Sedimentary Basin

Countries
Canada

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