CALGARY, Dec. 16, 2016 /CNW/ - Connacher Oil and Gas Ltd. ("Connacher" or the "Company") announced today that, it has entered into an Approval and Modification Agreement #2 (the "Agreement") with its interim lenders with respect to the interim revolving credit facility established pursuant to the credit agreement dated as of May 25, 2016 (the [...]
Connacher Oil and Gas Ltd. announces its financial and operating results for the three and nine months ended September 30, 2016. Financial Q3 2016 and YTD 2016 revenue, net of royalties, decreased 45% to $31.7 million and 64% to $66.3 million (YTD 2015 - $183.2 million), respectively, due to the decline in crude oil benchmark pricing; an increase [...]
CALGARY, Oct. 26, 2016 /CNW/ - Connacher Oil and Gas Ltd. ("Connacher" or the "Company") announced today that, it has entered into a Waiver, Approval and Modification Agreement (the "Agreement") with its interim lenders with respect to the interim revolving credit facility established pursuant to the credit agreement dated as of May 25, 2016 (the [...]
Connacher Oil and Gas announced that it has obtained an order from the Alberta Court of Queen's Bench extending the period of the Court-ordered stay of proceedings against Connacher under the Companies' Creditors Arrangement Act until and including November 15, 2016. The Company has been operating under the protection of the CCAA since May 17 [...]
CALGARY, Aug. 26, 2016 /CNW/ - Connacher Oil and Gas Ltd. ("Connacher" or the "Company") announces its financial and operating results for the three and six months ended June 30, 2016 ("Q2 2016") (all amounts are in Canadian dollars unless otherwise noted). Q2 2016 Highlights Financial Q2 2016 and YTD 2016 revenue, net of royalties, decreased 68 [...]
Connacher Oil and Gas announced that it has obtained an order from the Alberta Court of Queen's Bench extending the period of the Court-ordered stay of proceedings against Connacher under the Companies' Creditors Arrangement Act until and including September 15, 2016. The Company has been operating under the protection of the CCAA since May 17 [...]
CALGARY, Aug. 5, 2016 /CNW/ - Connacher Oil and Gas Ltd. (CLL – TSX; "Connacher" or the "Company") announces that the final bid deadline has been extended under the sale and investment solicitation process ("SISP") being conducted in conjunction with Connacher's proceedings under the Companies' Creditors Arrangement Act ("CCAA"). The new timeline [...]
CALGARY, July 20, 2016 /CNW/ - Connacher Oil and Gas Ltd. ("Connacher" or the "Company") announces that it will be proceeding to Phase II of its sale and investment solicitation process for the Company's business and assets (the "SISP") being conducted in conjunction with Connacher's proceedings under the Companies' Creditors Arrangement Act [...]
CALGARY, June 24, 2016 /CNW/ - Connacher Oil and Gas Ltd. (CLC – TSX; "Connacher" or the "Company") announces that, in response to interested party requests, the bid deadlines have been extended under the sale and investment solicitation process ("SISP") being conducted in conjunction with Connacher's proceedings under the Companies' Creditors [...]
Connacher Oil and Gas announced that it has obtained an order from the Alberta Court of Queen's Bench extending the period of the Court-ordered stay of proceedings against Connacher and its subsidiaries under the Companies' Creditors Arrangement Act until August 16, 2016. The Company has been operating under the protection of the CCAA since May 17 [...]
TORONTO, May 20, 2016 /CNW/ - DELISTING REVIEW Connacher Oil and Gas Ltd. (the Company) – Further to TSX Bulletin 2016-0475 dated May 16, 2016, TSX has determined to delist the common shares (Symbol: CLC) (the Shares) of the Company at the close of business on June 17, 2016 for failure to meet the continued listing requirements of TSX. The Shares [...]
CALGARY, May 19, 2016 /CNW/ - On May 17, 2016, Connacher Oil and Gas Ltd. ("Connacher" or the "Corporation") commenced proceedings and obtained court protection under the Companies' Creditors Arrangement Act ("CCAA") pursuant to an initial order granted by the Court of Queen's Bench, in the Province of Alberta (the "Initial Order"). Ernst & Young [...]
