Chinook reviews strategic options for itself, AIMCo-held assets
Canadian junior oil and gas company Chinook Energy Inc (TSX: CKE) has initiated a review of strategic alternatives. The alternatives may include acquisition opportunities to expand its core Montney asset base, or establish a new core of operations, as well as merger, sale or joint-venture opportunities. The process will include all of Calgary-based Chinook’s assets, as well as assets held by WOGH LP, an affiliate of Alberta Investment Management Corp (AIMCo), the company's major shareholder. Chinook has engaged Peters & Co Ltd as its financial advisor for the strategic review.
3 August 2016•6 mins read
