CALGARY, May 8, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL – TSX; "Connacher" or the "Company") announced today that it has closed the previously announced recapitalization transaction (the "Recapitalization"). The Recapitalization included, among other things: The exchange of approximately C$1.0 billion of Connacher's debt for common shares of [...]
CALGARY, April 29, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL – TSX; "Connacher" or the "Company") has lost a great friend and leader. Colin Evans, Connacher's Board Chairman, passed away yesterday. Colin was appointed to Connacher's Board in April 2004 and became the Chairman in May 2012. He was an ardent supporter of the Company. In 2012 [...]
On January 30, 2015 Connacher Oil and Gas announced a proposed recapitalization transaction aimed at significantly reducing the Company's debt and annual interest expense, and providing additional liquidity to fund ongoing operations. Following approvals of all resolutions relating to the Recapitalization by the shareholders and noteholders, the [...]
CALGARY, April 21, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL - TSX; "Connacher" or the "Company") provides an update to the previously announced recapitalization transaction (the "Recapitalization") aimed at significantly reducing the Company's debt and annual interest expense, and providing additional liquidity to fund ongoing operations. With [...]
CALGARY, April 2, 2015 /CNW/ - On January 30, 2015 Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") announced a proposed recapitalization transaction (the "Recapitalization") aimed at significantly reducing the Company's debt and annual interest expense, and providing additional liquidity to fund ongoing operations. On [...]
CALGARY, March 30, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL – TSX; "Connacher" or the "Company") is pleased to announce the voting results for the shareholders' and noteholders' meetings. Shareholders and noteholders voted overwhelmingly in support of all matters related to the previously announced proposed recapitalization transaction (the [...]
CALGARY, March 24, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL - TSX; "Connacher" or the "Company") announces its financial and operating results for the quarter and the year-ended December 31, 2014 (all amounts are in Canadian dollars unless otherwise noted). The Company's annual financial statements and related management's discussion and [...]
CALGARY, March 20, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL TSX; "Connacher" or the "Company") is providing clarification in connection with its previously announced planned recapitalization transaction (the "Recapitalization"), details of which are set forth in the management information circular dated February 20, 2015 ("Information [...]
CALGARY, March 16, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL TSX; "Connacher" or the "Company") is pleased to announce that in conjunction with the previously announced proposed recapitalization transaction (the "Recapitalization"), it has exercised the New Facility Option to have the New First Lien Facility implemented in accordance with the [...]
CALGARY, March 4, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL TSX; "Connacher" or the "Company") is pleased to announce that it has filed its meeting materials on SEDAR, including a management information circular of Connacher dated February 20, 2015 (the "Circular") and mailed its meeting materials to registered shareholders, in connection with [...]
CALGARY, Feb. 20, 2015 /CNW/ - On January 30, 2015 Connacher Oil and Gas Ltd. (CLL TSX; "Connacher" or the "Company") announced a proposed recapitalization transaction (the "Recapitalization") aimed at significantly reducing the Company's debt and annual interest expense, and providing additional liquidity to fund ongoing operations. This [...]
CALGARY, Feb. 5, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL TSX; "Connacher" or the "Company") announces its year-end reserves as of December 31, 2014, as evaluated by GLJ Petroleum Consultants Ltd. ("GLJ"), independent qualified reserves evaluators. Proved producing reserves decreased by 10 per cent to 20.2 million barrels taking into account [...]