Operations

Our business plan is to create sustainable and profitable growth in reserves, production and cash flow in the oil and natural gas industry in the Western Canadian Sedimentary Basin (“WCSB”).

Chinook’s mandate  since inception has been to identify and secure a balanced portfolio of exploration and exploitation opportunities in proven areas that are characterized by competitive fiscal terms, and an abundance of opportunities.

Growth Catalyst

  • – Montney discovery at Birley/Umbach in Northeastern British Columbia
  • – Strategic acquisition within the Company’s core areas 

Our Focus Areas

Our focus areas include major properties at Birley/Umbach

Birley/Umbach Area – Montney

Birley/Umbach is comprised of 70 gross (59 net) drilling space units of land and includes a compressor site with a current capacity of 25 mmcf/d.

To date, Chinook has production from nine (7.63 net) horizontal wells in the Birley/Umbach area, including a three (2.64 net) well drilling program that began in November 2016 and completed with on-stream production starting late in the first quarter of 2017. During the second quarter of 2017, Chinook drilled an additional four (3.63 net) wells on its D-93-F pad at Birley/Umbach. Two of the wells will have approximately 1,800 metre lateral length and the other approximately 1,600 metre lateral length.  All four wells will use 55 tonne fracs at 52 metre spacing.

Chinook’s capital budget for the remainder of 2017 includes completing, equipping, and bringing on-stream the four (3.63 net) wells that were drilled in the second quarter of 2017 in the Birley/Umbach area and the expansion of the facility at Birley/Umbach to 50 mmcf/d.