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Chinook Energy Reports 2Q19 Revenue of $2.2 Million (Down 56% Q/Q); Net Loss of $22.2 Million (Up Big Q/Q)

By Criterion Research
August 13, 2019 -

Chinook Energy reported 2Q19 revenue of $2.2 million, representing a 56% decrease quarter-on-quarter from $5.0 million. The Company announced 2Q19 net loss of $22.2 million, representing a considerable increase quarter-on-quarter from $2.5 million. The Company is voluntarily restricting its production as BC natural gas price weakness continues. 


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