Connacher Oil & Gas (CLLZF) 0.1005 $CLLZF TSX D
Post# of 273249
Posted On: 06/09/2016 2:01:35 AM
Connacher Oil & Gas (CLLZF) 0.1005 $CLLZF
TSX Delisting Review - Connacher Oil and Gas Limited (Symbol: CLC)
CNW Group - Fri May 20, 7:30AM CDT
DELISTING REVIEW Connacher Oil and Gas Limited (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 will remain suspended from trading.
X.TO: 53.72 (+0.02), CLC.TO: 0.14 (+0.01), CLC: 61.31 (+0.38)
Connacher Oil and Gas Limited Announces that its Oil Sands Assets Are for Sale Pursuant to a Sale and Investment Solicitation Process
CNW Group - Thu May 19, 6:43PM CDT
On May 17, 2016, Connacher Oil and Gas Limited ("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 Inc. has been appointed Monitor (the "Monitor" of the Corporation for the CCAA proceedings.
CLC.TO: 0.14 (+0.01)
Connacher Oil and Gas Limited files for CCAA protection and receives order permitting interim financing of up to US$20 million and initiation of sales and investment solicitation process
CNW Group - Tue May 17, 7:14PM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company" announced today that the Company has 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, on May 17, 2016 ("Initial Order". Pursuant to the Initial Order, the Company has obtained protection from its creditors under the CCAA for a period expiring June 16, 2016, as the Company attempts to restructure and reorganize its assets, business and financial affairs, subject to possible extension from time to time pursuant to further court order.
CLC.TO: 0.14 (+0.01)
Connacher Oil And Gas Limited Intends to File for CCAA Protection and Receives Commitments for up to US$20 Million of Financing
CNW Group - Mon May 16, 12:23PM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company" announces that it is initiating proceedings today at the Court of Queen's Bench of Alberta to seek creditor protection under the Companies' Creditors Arrangement Act ("CCAA".
CLC.TO: 0.14 (+0.01)
IIROC Trading Halt - CLC
CNW Group - Mon May 16, 9:02AM CDT
The following issues have been halted by IIROC:
CLC.TO: 0.14 (+0.01)
IIROC Trade Halt - Connacher Oil and Gas Limited
Newsfile Corp - Mon May 16, 9:01AM CDT
The following issues have been halted by IIROC:
Connacher Announces Q1 2016 Results
CNW Group - Tue May 10, 6:41PM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company" announces its financial and operating results for the quarter-ended March 31, 2016 ("Q1 2016" (all amounts are in Canadian dollars unless otherwise noted).
CLC.TO: 0.14 (+0.01)
Connacher Announces Update on Impact of Wildfires
CNW Group - Thu May 05, 12:04PM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" announces that access to its Great Divide site has improved and it is proceeding to bring production back to normal levels over the day. Production at Great Divide will be increased to approximately 8,000 bbl/day of bitumen. Connacher's employees and facilities at Great Divide remain in safe condition and Connacher will continue to support the relief efforts.
CLC.TO: 0.14 (+0.01)
Connacher Announces Curtailment of Production Due to Wildfires
CNW Group - Wed May 04, 12:08PM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company" announces that it is proceeding with a temporary curtailment of production at its facilities at Great Divide which are being impacted by the raging wildfires to the south of Fort McMurray and the subsequent mandatory evacuation of the entire city of Fort McMurray.
CLC.TO: 0.14 (+0.01)
Connacher Enters into Second Forbearance Agreement
CNW Group - Mon May 02, 6:00AM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company" today announced that it has entered into a second forbearance agreement (the "Second Forbearance Agreement" with Wilmington Trust, National Association, as successor administrative agent (or any successor thereto, the "Administrative Agent" and certain lenders constituting the "Required Lenders" under the Credit Agreement in respect of US$153.8 million of loans made by the lenders (the "Lenders" under the Credit Agreement, dated as of May 23, 2014 (as amended, restated, supplemented, or otherwise modified from time to time (including as amended pursuant to the Amendment No. 1 dated May 8, 2015), the "Credit Agreement".
CLC.TO: 0.14 (+0.01)
IIROC Trade Resumption - Connacher Oil and Gas Limited
Newsfile Corp - Fri Apr 01, 7:25AM CDT
Trading resumes in:
IIROC Trade Resumption - CLC
CNW Group - Fri Apr 01, 7:14AM CDT
Trading resumes in:
CLC.TO: 0.14 (+0.01)
Connacher Enters into a Forbearance Agreement
CNW Group - Fri Apr 01, 12:08AM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company" today announced that it has entered into a forbearance agreement (the "Forbearance Agreement" with Credit Suisse AG, Cayman Islands Branch, as administrative agent (or any successor thereto, the "Administrative Agent" and certain lenders constituting the "Required Lenders" under the Credit Agreement in respect of US$153.8 million of loans made by the lenders (the "Lenders" under the Credit Agreement, dated as of May 23, 2014 (as amended, restated, supplemented, or otherwise modified from time to time (including as amended pursuant to the Amendment No. 1 dated May 8, 2015), the "Credit Agreement". Under the terms of the Forbearance Agreement, among other things, the Lenders agreed to forbear from exercising their enforcement rights and remedies arising on account of the failure of Connacher to pay the cash interest and principal payments due on March 31, 2016 until the earlier to occur of April 30, 2016, the occurrence of an event of default under the Credit Agreement, unrelated to the failure to pay principal and interest due on March 31, 2016, or the occurrence of a default or breach of representation by the Company under the Forbearance Agreement.
CLC.TO: 0.14 (+0.01)
Connacher Announces Process to Review Capital Structure and Deferral of Interest on the 12% Convertible Notes
CNW Group - Fri Mar 11, 8:55AM CST
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company" announced today that its Board of Directors has initiated a process to investigate, evaluate and consider possible financing and restructuring alternatives available to the Company and has formed a special committee to assist the Board in this process. Connacher does not intend to make any further announcements in respect of this matter unless and until its Board of Directors has approved a particular course of action or otherwise determines that disclosure of such developments is material. There can be no assurance that this process will result in the completion of any financing or restructuring transaction.
CLC.TO: 0.14 (+0.01)
Connacher Provides Operational Update
CNW Group - Mon Jan 18, 5:30PM CST
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company" announces that in light of exceptionally low commodity prices, the Company plans to further reduce production at Great Divide.
CLC.TO: 0.14 (+0.01)
Connacher Accelerates Maintenance
CNW Group - Fri Jan 08, 5:00AM CST
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company" announces that in light of the current low commodity price environment, the Company will accelerate planned maintenance at Great Divide. The Company plans to reduce output over the next couple of months by approximately 3,000 barrels of bitumen per day as this work progresses. The Company will advise if further production decreases become necessary.
CLC.TO: 0.14 (+0.01)
TSX Delisting Review - Connacher Oil and Gas Limited (Symbol: CLC)
CNW Group - Fri May 20, 7:30AM CDT
DELISTING REVIEW Connacher Oil and Gas Limited (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 will remain suspended from trading.
X.TO: 53.72 (+0.02), CLC.TO: 0.14 (+0.01), CLC: 61.31 (+0.38)
Connacher Oil and Gas Limited Announces that its Oil Sands Assets Are for Sale Pursuant to a Sale and Investment Solicitation Process
CNW Group - Thu May 19, 6:43PM CDT
On May 17, 2016, Connacher Oil and Gas Limited ("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 Inc. has been appointed Monitor (the "Monitor" of the Corporation for the CCAA proceedings. CLC.TO: 0.14 (+0.01)
Connacher Oil and Gas Limited files for CCAA protection and receives order permitting interim financing of up to US$20 million and initiation of sales and investment solicitation process
CNW Group - Tue May 17, 7:14PM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company"
announced today that the Company has 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, on May 17, 2016 ("Initial Order". Pursuant to the Initial Order, the Company has obtained protection from its creditors under the CCAA for a period expiring June 16, 2016, as the Company attempts to restructure and reorganize its assets, business and financial affairs, subject to possible extension from time to time pursuant to further court order. CLC.TO: 0.14 (+0.01)
Connacher Oil And Gas Limited Intends to File for CCAA Protection and Receives Commitments for up to US$20 Million of Financing
CNW Group - Mon May 16, 12:23PM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company"
announces that it is initiating proceedings today at the Court of Queen's Bench of Alberta to seek creditor protection under the Companies' Creditors Arrangement Act ("CCAA". CLC.TO: 0.14 (+0.01)
IIROC Trading Halt - CLC
CNW Group - Mon May 16, 9:02AM CDT
The following issues have been halted by IIROC:
CLC.TO: 0.14 (+0.01)
IIROC Trade Halt - Connacher Oil and Gas Limited
Newsfile Corp - Mon May 16, 9:01AM CDT
The following issues have been halted by IIROC:
Connacher Announces Q1 2016 Results
CNW Group - Tue May 10, 6:41PM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company"
announces its financial and operating results for the quarter-ended March 31, 2016 ("Q1 2016" (all amounts are in Canadian dollars unless otherwise noted). CLC.TO: 0.14 (+0.01)
Connacher Announces Update on Impact of Wildfires
CNW Group - Thu May 05, 12:04PM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher"
announces that access to its Great Divide site has improved and it is proceeding to bring production back to normal levels over the day. Production at Great Divide will be increased to approximately 8,000 bbl/day of bitumen. Connacher's employees and facilities at Great Divide remain in safe condition and Connacher will continue to support the relief efforts. CLC.TO: 0.14 (+0.01)
Connacher Announces Curtailment of Production Due to Wildfires
CNW Group - Wed May 04, 12:08PM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company"
announces that it is proceeding with a temporary curtailment of production at its facilities at Great Divide which are being impacted by the raging wildfires to the south of Fort McMurray and the subsequent mandatory evacuation of the entire city of Fort McMurray. CLC.TO: 0.14 (+0.01)
Connacher Enters into Second Forbearance Agreement
CNW Group - Mon May 02, 6:00AM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company"
today announced that it has entered into a second forbearance agreement (the "Second Forbearance Agreement" with Wilmington Trust, National Association, as successor administrative agent (or any successor thereto, the "Administrative Agent" and certain lenders constituting the "Required Lenders" under the Credit Agreement in respect of US$153.8 million of loans made by the lenders (the "Lenders" under the Credit Agreement, dated as of May 23, 2014 (as amended, restated, supplemented, or otherwise modified from time to time (including as amended pursuant to the Amendment No. 1 dated May 8, 2015), the "Credit Agreement". CLC.TO: 0.14 (+0.01)
IIROC Trade Resumption - Connacher Oil and Gas Limited
Newsfile Corp - Fri Apr 01, 7:25AM CDT
Trading resumes in:
IIROC Trade Resumption - CLC
CNW Group - Fri Apr 01, 7:14AM CDT
Trading resumes in:
CLC.TO: 0.14 (+0.01)
Connacher Enters into a Forbearance Agreement
CNW Group - Fri Apr 01, 12:08AM CDT
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company"
today announced that it has entered into a forbearance agreement (the "Forbearance Agreement" with Credit Suisse AG, Cayman Islands Branch, as administrative agent (or any successor thereto, the "Administrative Agent" and certain lenders constituting the "Required Lenders" under the Credit Agreement in respect of US$153.8 million of loans made by the lenders (the "Lenders" under the Credit Agreement, dated as of May 23, 2014 (as amended, restated, supplemented, or otherwise modified from time to time (including as amended pursuant to the Amendment No. 1 dated May 8, 2015), the "Credit Agreement". Under the terms of the Forbearance Agreement, among other things, the Lenders agreed to forbear from exercising their enforcement rights and remedies arising on account of the failure of Connacher to pay the cash interest and principal payments due on March 31, 2016 until the earlier to occur of April 30, 2016, the occurrence of an event of default under the Credit Agreement, unrelated to the failure to pay principal and interest due on March 31, 2016, or the occurrence of a default or breach of representation by the Company under the Forbearance Agreement. CLC.TO: 0.14 (+0.01)
Connacher Announces Process to Review Capital Structure and Deferral of Interest on the 12% Convertible Notes
CNW Group - Fri Mar 11, 8:55AM CST
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company"
announced today that its Board of Directors has initiated a process to investigate, evaluate and consider possible financing and restructuring alternatives available to the Company and has formed a special committee to assist the Board in this process. Connacher does not intend to make any further announcements in respect of this matter unless and until its Board of Directors has approved a particular course of action or otherwise determines that disclosure of such developments is material. There can be no assurance that this process will result in the completion of any financing or restructuring transaction. CLC.TO: 0.14 (+0.01)
Connacher Provides Operational Update
CNW Group - Mon Jan 18, 5:30PM CST
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company"
announces that in light of exceptionally low commodity prices, the Company plans to further reduce production at Great Divide. CLC.TO: 0.14 (+0.01)
Connacher Accelerates Maintenance
CNW Group - Fri Jan 08, 5:00AM CST
Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company"
announces that in light of the current low commodity price environment, the Company will accelerate planned maintenance at Great Divide. The Company plans to reduce output over the next couple of months by approximately 3,000 barrels of bitumen per day as this work progresses. The Company will advise if further production decreases become necessary. CLC.TO: 0.14 (+0.01)
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