TORONTO, May 26, 2016 /CNW/ - Pacific Exploration & Production Corp. is pleased to provide an update with respect to its comprehensive restructuring transaction (the "Restructuring Transaction") with: (i) certain holders of the Company's senior unsecured notes (the "Supporting Noteholders") (including certain members of an ad hoc committee of holders of the Company's senior unsecured notes (the "Ad Hoc Committee")), (ii [...]
COLOMBIAN SUPERINTENDENCIA DE SOCIEDADES REJECTS EIG REQUEST TO POSTPONE RECOGNITION APPLICATION TORONTO, May 18, 2016 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) today provided an update on the proposed comprehensive restructuring transaction with creditors holding more than 78% of the principal amount of the Company's approximately US$5.3 billion of affected bank and unsecured note debt and [...]
TORONTO, May 13, 2016 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) today filed its audited consolidated financial statements for the first quarter ended March 31, 2016, together with its management discussion and analysis ("MD&A"). These documents will be posted on the Company's website at www.pacific.energy, SEDAR at www.sedar.com, and the SIMEV website at [...]
TORONTO, May 6, 2016 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) in connection with its previously announced comprehensive restructuring transaction (the "Restructuring Transaction") with (i) The Catalyst Capital Group Inc., on behalf of investment funds managed by it ("Catalyst"), (ii) certain holders of the Company's unsecured notes (the "Supporting Noteholders"), (iii) certain of the Company's [...]
TORONTO, May 4, 2016 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) in connection with its previously announced comprehensive restructuring transaction (the "Restructuring Transaction") with (i) The Catalyst Capital Group Inc., on behalf of investment funds managed by it ("Catalyst"), (ii) certain holders of the Company's unsecured notes (the "Supporting Noteholders"), (iii) certain of the Company's [...]
TORONTO, May 3, 2016 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today that the Company and the Colombian branches of the following subsidiaries of the Company: (i) Meta Petroleum Corp., (ii) Pacific Stratus Energy Colombia Corp. and (iii) Petrominerales Colombia Corp. (collectively, the "Colombian Filers") filed a request for recognition in Colombia under Law 1116 of (a) the [...]
TORONTO, April 29, 2016 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) is pleased to provide an update with respect to its comprehensive restructuring transaction (the "Restructuring Transaction") with: (i) certain holders of the Company's senior unsecured notes (the "Supporting Noteholders") (including certain members of an ad hoc committee of holders of the Company's senior unsecured notes (the [...]
ALL OPERATIONS EXPECTED TO CONTINUE AS NORMAL THROUGHOUT THE CCAA PROCESS DIRECTOR RESIGNATIONS TORONTO, April 27, 2016 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) ("Pacific" or the "Company") announced, further to its announcement earlier today, that it and certain of its direct and indirect subsidiaries (collectively, the "Filing Entities") have obtained an Initial Order from the Superior Court [...]
TORONTO, April 27, 2016 /CNW/ - This morning, Pacific Exploration & Production Corp. and certain of its direct and indirect subsidiaries (collectively, the "Filing Entities") filed an application for protection under the Companies' Creditors Arrangement Act (the "CCAA") with the Superior Court of Justice in Ontario in connection with the implementation of the transaction described in its previously announced agreement [...]
Pacific Exploration & Production Corporation (TSX:PRE) to be Deleted from the S&P/TSX SmallCap Index TORONTO, April 26, 2016 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The common shares of Pacific Exploration & Production Corporation (TSX:PRE) has been suspended from trading and will be delisted from the TSX on May 25, 2016. It will be removed from the [...]
TORONTO, April 26, 2016 /CNW/ - DELISTING REVIEW Pacific Exploration & Production Corporation (the Company) - Further to TSX Bulletin 2016-0395 dated April 19, 2016, TSX has determined to delist the common shares (Symbol: PRE) (the Shares) of the Company at the close of business on May 25, 2016 for failure to meet the continued listing requirements of TSX. The Shares will remain suspended from trading. About TMX Group [...]
TORONTO, April 26, 2016 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) today announced that further to its news release issued on April 19, 2016 the Company has received notice from the Toronto Stock Exchange (the "TSX") that the Company's common shares will be delisted from the TSX effective at the close of market on May 25, 2016. Trading of the Company's common shares on the TSX will remain [...]