Canada Pension Plan investments in MontneyIt would appear as if the Strategic Review Process the company is undertaking is timely.
There was an article in this morning that would be of interest to shareholders in the Montney formation.
https://boereport.com/2016/08/11/canada-pension-pounces-on-drop-in-oil-price-to-snatch-up-assets/
A quote from the article.
Canada Pension’s has been investing in energy through its subsidiaries: Crestone Peak Resources, Wolf Infrastructure Inc.,
Teine Energy Ltd. and LongPoint Minerals.
Seven Generations Energy Ltd., of which Canada Pension holds 16 percent, agreed to buy assets in Alberta’s
Montney shale region from
Paramount Resources Ltd. last month for C$1.3 billion.