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Cinch Energy Corp Stock price

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CNH

CA17185X1087

Oil & Gas Exploration and Production

Cinch Energy Corp. (Cinch) is a Canada-based junior oil and natural gas company engaged in the exploration for, and the development and production of, natural gas and crude oil with core assets in West Central Alberta and North East British Columbia. Cinch targets mainly natural gas and associated natural gas liquids in its prospect portfolio. During the year ended December 31, 2009, the Company's production averaged 2,374 barrels of oil equivalent (BOE) per day. In 2009, the Company completed the Dawson 11-26 well (32.5% working interest) in the Montney zone. The Dawson 10-15 well (26% working interest) was also completed in the Montney zone. In addition, in 2009, the Company drilled the Dawson 6-30 Wabamun well (65% working interest), as well as the Dawson 1-33 Kiskatinaw well (36% working interest). In December 2009, Cinch commenced drilling the Dawson 7-25 Wabamun well (65% working interest), as well as the Dawson 12-22 Montney horizontal well (26% working interest).
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