Exchange Bulletin
Pacific Exploration & Production Corporation (PEN) To Trade On Toronto Stock Exchange
November 1, 2016
| Issuer: | Pacific Exploration & Production Corporation |
| Security: | Common shares |
| Symbol(s): | PEN |
| Number of securities issued and outstanding: | 50,003,000 |
| Number of securities reserved for issuance: | 2,500,150 |
| Listing category: | Producing Oil and Gas Companies Non Exempt |
| CUSIP: | 69423W 88 9 |
| Trading currency: | CDN$ |
| Transaction: | Following the financing and restructuring transactions in connection with proceedings under the Companies' Creditors Arrangement Act (Canada), the company will satisfy claims of Affected Creditors through the issuance of common shares to Affected Creditors and complete financing transactions by issuing common shares to the Plan Sponsor and holders of Warrants (together, the "Share Closings"). The Share Closings are anticipated to occur on November 2, 2016. Following the Share Closings, it is expected that the company will emerge with a new debt and capital structure. |
| Listing date: | November 2, 2016 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Posted for trading date: | November 3, 2016 (at the opening) subject to confirmation of the Share Closings. |
| Other market(s): | None |
| Temporary market maker: | Leede Jones Gable Inc. |
| Security ownership registration: | Certificated issue. |
| Investor relations: | Peter Volk (416) 362-7735 pvolk@pacificcorp.energy Richard Oyelowo (416)362-7735 royelowo@pacificcorp.energy |
| Incorporation: | Business Corporations Act (British Columbia) |
| Fiscal year end: | December 31 |
| Nature of business: | The company is an oil and gas issuer with assets primarily in Colombia and Peru. |
| Transfer agent and registrar: | Computershare Investor Services Inc. at its principal office in Toronto. |
| Dividends: | Not applicable |
| Sponsorship: | GMP Securities L.P. |
| Disclosure document: | Amended and Restated Annual Information Form for the period June 30, 2016, dated October 17, 2016, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Disclosure document. |
| TSX contact: | Julie K. Shin, Director, Listed Issuer Services, Toronto Stock Exchange. |
