CALGARY, ALBERTA--(Marketwired - Jan. 24, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Craft Oil Ltd. ("Craft" or the "Company") is pleased to announce that it has entered into a definitive agreement with Cardinal Energy Ltd. ("Cardinal") to sell assets (the "Cardinal Assets") for $41 million, prior [...]
CALGARY, ALBERTA--(Marketwired - Jan. 12, 2017) - Chinook Energy Inc. (TSX:CKE) ("Chinook" or the "Company") announced today that each of Donald Archibald, Matthew Brister and Stuart Clark, directors of the Company, have advised the Board of Directors of the Company that they will not be standing for re-election at the Company's annual and special [...]
CALGARY, ALBERTA--(Marketwired - Jan. 4, 2017) - Chinook Energy Inc. (TSX:CKE) ("Chinook" or the "Company") is pleased to provide the following operational and corporate update. Drilling Update Chinook has successfully completed its three well (2.62 net) drilling program at Birley/Umbach, announced on November 9, 2016. The drilling of these wells [...]
Chinook Energy is pleased to announce that it has completed its previously announced plan of arrangement under the provisions of the Business Corporations Act (Alberta) involving Chinook and the shareholders of Chinook. The Arrangement was approved by 99.98% of the votes cast by shareholders present in person or represented by proxy at Chinook's [...]
Chinook Energy announced today that further to its news release dated October 17, Craft Oil Ltd., an approximate 70% owned subsidiary of Chinook, has completed the previously announced asset disposition for gross proceeds of $13.5 million, comprised of $9.0 million cash and $4.5 million of tradeable debentures. For further details regarding the [...]
Chinook Energy announced today that it will undertake a plan of arrangement under the Business Corporations Act (Alberta) to effect the distribution of all of the common shares of Craft Oil Ltd. acquired by Chinook pursuant to the asset divestiture to Craft announced on June 13, 2016. Pursuant to the Arrangement, a new...
Craft Oil is pleased to announce it has entered into a Purchase and Sale Agreement dated September 30, 2016 to sell certain properties located in the Province of Alberta with approximately 1,934 boepd for gross proceeds of $13.5 million. Proceeds to be received are comprised of $9.0 million cash and $4.5 million of tradeable debentures. The [...]
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