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Chinook Energy Inc.
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June 2015 Corporate Presentation
| Walter Vrataric | Page 14 of 11 |
November 23, 2024
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"June 2015 Corporate Presentation"
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14 FLEXIBILITY & OPTIONALITY IN 2015 • Birley/Umbach was delineated in 2014 and “ready to go” • Gold Creek success in 2014 by Chinook and other operators continues into 2015 • Current working capital surplus of $48.6 million fully funds our remaining 2015 program and leaves CKE with a net cash position at year end • Chinook is in a position to take advantage of a softer commodity cycle through M&A opportunities or accelerate its growth profile should prices recover