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Ailing Connacher Oil and Gas Ltd strikes $1B debt-for-shares deal
CALGARY - Connacher Oil and Gas Ltd., an intermediate oilsands company burdened with debt, has struck a deal with its creditors it hopes will allow it to survive the collapse in oil prices.
Connacher Oil and Gas Provides Production and Financial Forecast for 2015  Canada NewsWire (press release)
Connacher Oil to spend C$30 mln in 2015, unveils recapitalization deal  Proactive Investors USA & Canada
Connacher Oil and Gas Ltd debt-for-equity swap gets okay
CALGARY - Junior oilsands producer Connacher Oil and Gas Ltd.'s plan to swap $1 billion worth of debt for equity received both shareholder and debt-holder approvals on Monday, although the company may not be completely out of the woods.
Smaller oilsands players like Connacher Oil and Gas Ltd feeling the pinch of ...
CALGARY - Low oil prices and tight capital markets are making it difficult for oilsands producer Connacher Oil and Gas Ltd.
Connacher Undertakes Review of Capital Structure  Canada NewsWire (press release)
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Oil rot spreads as loan default claim puts Connacher Oil and Gas on brink
Postmedia NewsConnacher Oil and Gas Ltd is among smaller oil-sands companies that drew interest from debt investors willing to finance upstart developments when U.S.
Creditor demands for loan repayment threaten Connacher Oil and Gas  Calgary Herald
Connacher Announces Q1 2015 Results
CALGARY, May 13, 2015 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") announces its financial and operating results for the quarter-ended March 31, 2015 ("Q1 2015") (all amounts are in Canadian dollars unless ...
Connacher CEO resigns in wake of financial restructuring
Chris Bloomer, the CEO who led oilsands producer Connacher Oil and Gas Ltd. through a recent painful restructuring that allowed holders of $1 billion in debt to assume almost all of its equity, has resigned, the company announced Wednesday.
Connacher Announces Management and Board Changes  Canada NewsWire (press release)
Alberta court approves Connacher recapitalization plan
Connacher Oil and Gas Ltd., the Calgary energy producer grappling with high debt, won an Alberta court's approval for a plan to reduce interest payments as it seeks to withstand the crude price collapse.
Connacher Obtains Final Court Order  Canada NewsWire (press release)
Connacher Oil denied bid to restructure in Canada
Connacher Oil & Gas Ltd.'s bid to restructure out of court in Canada was rejected as it struggles to cope with falling energy prices.
Connacher Oil & Gas Denied Bid to Restructure in Canada
Petrobank's Bloomer to take over as CEO of Connacher Oil & Gas Ltd.
While the Calgary-based company wasn't letting on what Bloomer was pursuing, Connacher Oil and Gas Limited was happy to oblige.
Connacher enlists Petrobank exec as CEO  Calgary Herald
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Hedge fund that bet on Connacher Oil's crash now wants to own it
For Barry Kupferberg, a wager that Connacher Oil & Gas Ltd. (CLL.TO) would struggle to stay solvent was the perfect way to profit from crude's collapse.