Chinook Energy Reports 2011 Reserves

Chinook Energy Inc. (TSX:CKE) reported 2011 year end results as prepared by its three independent evaluators.

As quoted in the press release:

Highlights of such evaluations are as follows:

• Proved reserves totaled 32.2 million barrels of oil equivalent. The proved reserve life index (“RLI”) is 5.8 years using fourth quarter 2011 production.

• Proved plus probable reserves totaled 55.8 million barrels of oil equivalent. The proved plus probable RLI is 10 years using fourth quarter 2011 production.

Click here to read the Chinook Energy Inc. (TSX:CKE) press release.