Chinook Energy Completes Plan of Arrangement
Calgary, Alberta--(Newsfile Corp. - April 21, 2020) - Chinook Energy Inc. (TSX: CKE) ("Chinook") is pleased to announce that it has completed its previously announced plan of arrangement (the "Arrangement") pursuant to which Tourmaline Oil Corp. acquired all the issued and outstanding common shares of Chinook ("Chinook Shares") 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...
2020-04-21 12:11 PM EDT
Chinook Energy Inc. Announces Shareholder and Court Approval for Plan of Arrangement
Calgary, Alberta--(Newsfile Corp. - April 20, 2020) - Chinook Energy Inc. (TSX: CKE) ("Chinook") is pleased to announce that today it received shareholder and court approval for the previously announced plan of arrangement (the "Arrangement") pursuant to which Tourmaline Oil Corp. ("Tourmaline") 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...
2020-04-20 5:42 PM EDT
Chinook Energy Inc. Announces Fourth Quarter and 2019 Results and Reserves
Calgary, Alberta--(Newsfile Corp. - March 2, 2020) - Chinook Energy Inc. (TSX: CKE) ("our", "we", or "us") is pleased to announce our three months and year ended December 31, 2019 ("Q419" and "2019", respectively) 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...
2020-03-02 5:01 PM EST
Chinook Energy Inc. Announces Plan of Arrangement
Calgary, Alberta--(Newsfile Corp. - February 24, 2020) - Chinook Energy Inc. (TSX: CKE) ("Chinook" or the "Company") is pleased to announce today that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which Tourmaline Oil Corp. (TSX: TOU) (the "Purchaser") has agreed to acquire all of the outstanding common shares of Chinook ("Chinook Shares") for cash consideration of $0.0675 per share (the "Share Consideration"). The Share Consideration...
2020-02-24 8:00 AM EST