Canadian Superior Updates on Demand Extension
Canadian Superior and the Canadian Western Bank have reached an accommodation whereby the demand for repayment of all amounts outstanding under Canadian Superior's $37.5 million credit facility with the Bank by February 27, 2009 has been extended to March 12, 2009.
The credit facility was recently reduced with a payment of approximately $9 million made to the Bank by the Company. Negotiations are continuing between the parties.
- Canadian Superior Energy Notes Operational Updates (Jun 03)
- Canadian Superior Energy Posts 1Q10 Results (May 13)
- Canadian Superior Energy Waves Goodbye to COO (May 05)