CALGARY, June 13, 2016 /CNW/ – Connacher Oil and Gas Limited (“Connacher” or the “Company”) announced that it has obtained an order from the Alberta Court of Queen’s Bench extending the period of the Court-ordered stay of proceedings against Connacher and its subsidiaries under the Companies’ Creditors Arrangement Act (“CCAA”) until August 16, 2016. The Company has been operating under the protection of the CCAA since May 17, 2016.
All inquiries regarding Connacher’s CCAA proceeding should be directed to the Monitor, Ernst & Young Inc.. The Monitor has established the following information hotline related to enquiries regarding the CCAA process, at 403-206-5650. In addition, information about the CCAA proceeding, including copies of all court orders and the Monitor’s reports, is available at the Monitor’s website www.ey.com/ca/connacheroilandgas