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.
