Brief: Perpetual energy to dispose off eastern Alberta gas properties

Perpetual Energy

27/09/2016 13:03

Sept 27 (Reuters) - Perpetual Energy Inc  PMT.TO : 
    * Perpetual Energy Inc announces strategic disposition of 
eastern Alberta shallow gas properties 
    * Initiated a search for position of vice president, finance 
and chief financial officer 
    * Bill Hahn will assume responsibilities of acting vice 
president, finance , chief financial officer on an interim basis 
    * Transaction includes effective deferred purchase price 
component,co to continue benefiting from shallow gas properties 
for about 2 yrs 
    * Says refinancing of Tourmaline Oil Corp shares results in 
an extension of maturity to march 15, 2017 
    * Perpetual Energy Inc announces strategic disposition of 
eastern Alberta shallow gas properties 
    * Transaction includes disposition of all of Perpetual's 
shallow gas assets and liabilities in eastern Alberta 
    * Refinancing of financial arrangement secured by 1 million 
of co's 1.85 million shares of Tourmaline oil corp and maturing 
in November 2016 
 
Source text for Eikon:  ID:nPn7F4MS7a  
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