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CONNACHER OIL AND GAS LIMITED news

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Connacher Oil and Gas Ltd. files for creditor protection
CALGARY - Depressed oil prices and an inability to raise money forced oilsands junior Connacher Oil and Gas Ltd. to seek protection from its creditors on Monday.
Connacher Oil And Gas Limited Intends to File for CCAA Protection and ...  Canada NewsWire (press release)
Connacher Oil to file for creditor protection  The Globe and Mail (subscription)
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 strikes survival deal to trade $1B in debt for shares  Calgary Herald
Connacher Oil and Gas Limited Receives Access to Further Financing Previously ...
CALGARY, Oct. 26, 2016 /CNW/ - Connacher Oil and Gas Limited ("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 ...
Connacher Oil and Gas Ltd debt-for-equity swap gets okay
Colleen De Neve / Postmedia NewsIn addition to the capital competition, small oil sands companies - like Connacher, which produced an average of 14,000 bpd in the third quarter - have been hammered this year.
Connacher Oil & Gas Ltd considers sale as bid to restructure in Canada denied
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 denied bid to restructure in Canada  Calgary Herald
Connacher Oil and Gas Limited commences Phase II of sale and investment ...
CALGARY, July 20, 2016 /CNW/ - Connacher Oil and Gas Limited ("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 ...
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.
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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)
Connacher Oil and Gas gets OK from court to put oilsands leases, plants up for ...
Connacher is operating under court protection from creditors as it deals with depressed prices for oil, its limited ability to raise capital and disruptions caused by the wildfires that caused the Fort McMurray evacuation. The company announced late ...
The hedge fund that bet Connacher Oil & Gas would crash now wants to own it
Trilogy Capital Management, the US$200 million credit hedge fund where Kupferberg is director of research, bet against Connacher's bonds in 2014 as crude collapsed, while also buying its more senior loans. Those loans now give Trilogy and fellow ...
Fund that bet against Connacher wants to take over Calgary company  Calgary Herald