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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Comment by BobTheKnob2on Oct 23, 2016 3:17pm
174 Views
Post# 25375958

RE:CANBRIAM is privately-held...Going public in the next months

RE:CANBRIAM is privately-held...Going public in the next months
perdikaoilgas 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?

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