BRIEF-Connacher Oil and Gas enters second forbearance agreement

Mon May 2, 2016 7:11am EDT
 
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May 2 (Reuters) - Connacher Oil and Gas Ltd

* Lenders agreed to forbear from exercising their enforcement rights arising from failure of Connacher to pay principal

* Second forbearance agreement extends forbearance period until May 16, 2016

* Entered into a second forbearance agreement in respect of us$153.8 million of loans Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)