Le Lézard
Classified in: Oil industry, Business
Subject: BOARD OF DIRECTORS

Chinook Energy Announces Upcoming Board Succession


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 meeting of shareholders to be held on May 11, 2017 (the "Meeting"). The remaining directors of the Company, each of whom are independent directors, being Jill Angevine, Robert Herdman, Robert Iverach and Grant Wierzba, have advised the Board that they intend to stand for re-election as directors at the Meeting. In addition, Walter Vrataric, the President and Chief Executive Officer of the Company, has been nominated by the Board to stand for election as a nominee director at the Meeting. Prior to finalizing the documentation in connection with the Meeting, the Board will determine whether an additional nominee will stand for election as a director of the Company at the Meeting, however, the Board is mindful that the reduction in the size of the Board is appropriate in the context of Chinook's evolved focus on its existing core Montney assets at Birley/Umbach.

About Chinook Energy Inc.

Chinook is a Calgary-based public oil and natural gas exploration and development company which is focussed on realizing per share growth from its existing core Montney assets at Birley/Umbach.

Reader Advisory

This news release contains forward-looking statements as to Chinook's expectations or beliefs relating to future events or results, including: the individuals who will be standing for re-election or election as directors of the Company, as applicable, at the Meeting and the date of the Meeting. These statements represent the expectations or beliefs of management of Chinook which are based on assumptions that management believes are reasonable at this time. The composition of the individuals to stand for re-election or election as directors of the Company, as applicable, at the Meeting involves known and unknown risks and uncertainties which may cause actual results in the future to differ materially from the results expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. The forward-looking statements and information contained in this news release are made as of the date hereof and Chinook undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.


These press releases may also interest you

at 08:00
Callon Petroleum Company ("Callon" or the "Company") today announced the expiration and final tender results of its previously announced cash tender offers (the "Offers") for any and all of its 8.000% Senior Notes due 2028 (the "2028 Notes") and any...

at 06:13
JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") , one of the largest and most innovative solar module manufacturers in the world, today announced that since March 20, 2024, the Company has repurchased 788,178 American depositary shares...

at 05:34
Sungrow, a global leading PV inverter and energy storage system supplier, has emerged as one of the standout companies on the 2024 Fortune Asia Future 30 list. The list, which recognizes the most promising companies in Asia Pacific, is a testament to...

28 mar 2024
Curio Legacy Ventures (Curio), a frontrunner in nuclear technology innovation, proudly announces a strategic partnership with Navarro Research and Engineering, Inc. (Navarro). This collaboration signals a significant step forward in advancing nuclear...

28 mar 2024
Arctech has recently signed a contract for the 500MW Manah I power plant project in Oman, following its successful bid for the 588MW Manah II PV project in Oman earlier in 2023. This consecutive project win showcases Arctech's customized solutions...

28 mar 2024
The "Fuel Cells - Global Strategic Business Report" has been added to  ResearchAndMarkets.com's offering. The global market for Fuel Cells estimated at US$11.4 Billion in the year 2023, is projected to reach a revised size of US$40.7 Billion by...



News published on and distributed by: