Chinook Energy Inc. is a balanced mid-size producer with international oil and gas exploration and production operations focused in Tunisia and Western Canada.
The Company currently has production of 11,500 - 12,000 boe/d and has a land base of 1.5 million net undeveloped acres in Tunisia and over 450,000 net undeveloped acres in Western Canada.
Chinook has recently been successful in applying North American drilling and completion technology into Africa with the first multi-stage hydraulically fractured horizontal well.
We have a strong balance sheet that enables us to continue our accelerated development of the Bir Ben Tartar concession in Tunisia where we receive premium Brent pricing and focus our Western Canadian capital program on convention oil plays and resource opportunities and rationalization of non-core assets. We focus on increasing profitability through optimization and cost control of existing properties while demonstrating material growth on both our domestic and international assets.