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Chinook Energy Inc
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August 2019 Corporate Presentation
| Walter Vrataric | Page 5 of 11 |
May 17, 2024
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"August 2019 Corporate Presentation "
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CHINOOK OVERVIEW The Montney Assets Highlights Chinook has streamlined its asset portfolio over the past five years, leaving a clean, concentrated asset base in the prolific Montney resource play *based on 1,800m lateral lengths and 400m inter-well distance in both Upper and Middle Montney. Does not consider topographical restrictions that may limit orientation and density. Concentrated, development ready Montney project Minimal non-core assets after five years of rationalization Directly offset by significant development activity Well delineated land base with two vertical test wells and 13 horizontal wells drilled A uniquely differentiated, high quality Montney resource Well results compete strongly with offsetting operators Significant development potential through 37 booked locations and approximately 550 unbooked locations* Chinook market capitalization of ~$22 million with minimal indebtedness No material contracts or near-term Montney expiries 21