GREY:CNKEF - Post by User
Post by
Miner1967on Oct 02, 2016 5:56am
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Post# 25299406
Why Tourmaline (TOU) could acquire Chinook (CKE)
Why Tourmaline (TOU) could acquire Chinook (CKE) By searching a little about Tourmaline's BoD, I saw that Tourmaline (TOU.TO) has connections with the firm of Peters & Co.
About two months ago, Peters & Co. was hired by Chinook Energy to run a "strategy review process". Chinook (CKE.TO) as you know is a natural gas weighted producer with Montney being its core asset.
It looks that it fits perfectly to Tourmaline's assets in the area...and Peters & Co. connects the two companies.
Another connection between Tourmaline and Chinook is Tourmaline's director Ms. Angevine.
"Ms. Angevine is a Vice President and Portfolio Manager at Matco Financial Inc. with over 20 years of investment and research experience. Ms. Angevine also serves on the board of Chinook Energy Inc."