Chinook Energy Inc. is pleased to announce that it has completed its previously announced plan of arrangement pursuant to which Tourmaline Oil Corp. acquired all the issued and outstanding common shares of Chinook for cash consideration of $0.0675 per Chinook Share or approximately $15 million in aggregate, exclusive of assumed debt. The Chinook Shares will be delisted from the Toronto Stock Exchange within two to three [...]
Chinook Energy Inc. is pleased to announce that today it received shareholder and court approval for the previously announced plan of arrangement pursuant to which Tourmaline Oil Corp. will acquire all the issued and outstanding common shares of Chinook. Pursuant to the Arrangement, Chinook shareholders will receive $0.0675 cash for each common share of Chinook held. The Arrangement was approved by shareholders of Chinook [...]
Chinook Energy Inc. is pleased to announce our three months and year ended December 31, 2019 operating and financial results and the results of our year end reserve evaluation effective December 31, 2019 as prepared by our independent evaluator. Our operating and financial highlights for Q419 and 2019 are noted below and should be read in conjunction with our consolidated financial statements for the years ended December [...]
Chinook Energy Inc. is pleased to announce today that it has entered into a definitive arrangement agreement pursuant to which Tourmaline Oil Corp. has agreed to acquire all of the outstanding common shares of Chinook for cash consideration of $0.0675 per share . The Share Consideration represents a 33% premium over the twenty day volume weighted average trading price of the Chinook Shares on the Toronto Stock Exchange [...]
Chinook Energy Inc. announces that we have initiated a formal process to identify, examine and consider a range of strategic alternatives available to us with a view to enhancing shareholder value. We are also announcing our operating and financial results for the three months ended September 30, 2019 . Our unaudited condensed consolidated financial statements and management’s discussion and analysis for the three [...]
Chinook Energy Inc. is pleased to announce our operating and financial results for the three months ended June 30, 2019 . Our unaudited condensed consolidated financial statements and management’s discussion and analysis for the three and six months ended June 30, 2019 are available on our website and filed on SEDAR . Q219 Highlights Additional Q219 egress: We obtained additional egress during Q219 that limited our [...]
Chinook Energy Inc. is pleased to announce the voting results from its annual and special meeting of shareholders held on May 14, 2019. A total of 126,205,555 common shares, representing approximately 56.43% of Chinook's issued and outstanding shares, were represented in person or by proxy at the meeting. The following nominees were elected as directors of Chinook for the ensuing year, with the specific voting results [...]
Chinook Energy Inc. is pleased to announce our operating and financial results for the three months ended March 31, 2019 . Our unaudited condensed consolidated financial statements and management’s discussion and analysis for the three months ended March 31, 2019 are available on our website and filed on SEDAR . Q119 Highlights Additional Q119 egress: We obtained additional egress during Q119 that limited our [...]
Chinook Energy Inc. is pleased to announce its fourth quarter and 2018 financial and operating results. Our operational and financial highlights for the three months and year ended December 31, 2018 are noted below and should be read in conjunction with our consolidated financial statements for the years ended December 31, 2018 and 2017 and our related management’s discussion and analysis which have been posted on [...]
Chinook Energy Inc. today announced its unaudited 2018 year end results and the results of its year end reserve evaluation effective December 31, 2018 as prepared by its independent evaluator. Chinook's audit of its 2018 annual consolidated financial statements is not yet complete and accordingly all financial amounts referred to in this news release are unaudited and represent management's estimates. Readers are advised [...]
Chinook Energy Inc. is pleased to announce its third quarter of 2018 financial and operating results. Our operational and financial highlights for the three and nine months ended September 30, 2018 are noted below and should be read in conjunction with our unaudited condensed consolidated financial statements for the three and nine months ended September 30, 2018 and 2017 and our related management’s discussion and [...]
Chinook Energy Inc. is pleased to announce its second quarter of 2018 financial and operating results. Our operational and financial highlights for the three and six months ended June 30, 2018 are noted below and should be read in conjunction with our unaudited condensed consolidated financial statements for the three and six months ended June 30, 2018 and 2017 and our related management’s discussion and analysis [...]