GREY:CNKEF - Post by User
Comment by
BobTheKnob2on Oct 23, 2016 3:17pm
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Post# 25375958
RE:CANBRIAM is privately-held...Going public in the next months
RE:CANBRIAM is privately-held...Going public in the next monthsperdikaoilgas wrote: I hear that CANBRIAM Energy wants to go public in 2017. CANBRIAM is another Montney producer next to CKE in Birley/Umbach and it's backed by some deep pockets. They are neighbors. Let's see how Canbriam will go public. IPO or by buying a publicly-traded Montney producer? CKE's strategic review process is ongoing ...
Canbriam Energy has a close relationship with the NYC-based private equity firm Warburg Pincus L.L.C..
Warburg Pincus also has a close working relationship with Velvet Energy which is also operational in the Alberta Deep Basin/Montney Shales.
Might there be a combination of forces to create a significant player in the area?