GREY:ROAOF - Post by User
Post by
multicoreon Apr 29, 2009 5:37am
581 Views
Post# 15951840
News: OIL Receives CCAA Extension
News: OIL Receives CCAA Extension
Oilexco Receives CCAA Extension
Wed Apr 29, 2:01 AM
CALGARY, ALBERTA--(Marketwire - April 29, 2009) - Oilexco Incorporated ("Oilexco" or "the Company") (TSX VENTURE: OIL.V)(LSE: OIL.L) advises that it received an extension of the court order for protection under the Companies' Creditors Arrangement Act (Canada). The new order will now expire May 29, 2009. The order permits Oilexco (including its wholly-owned Alberta subsidiary Oilexco Technical Services Inc.) to remain in possession and control of its property as it continues to restructure.