Pacific announces intention to utilize 30 day grace period under the indentures governing its 5.625% notes due in 2025 and its 5.375% notes due in 2019 to assess strategic alternatives and an extension to the minimum liquidity deadline under the wai

- Oil and Energy
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Pacific Exploration and Production Corporation (CNW Group/Pacific Exploration and Production Corporation)TORONTO, Jan. 14, 2016 /CNW/ – Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today that it has elected to utilize the 30 day grace period (the “Grace Period”) pursuant to the indentures governing its 5.625% notes due January 19, 2025 (the “5.625% Notes”) and…