09:56 AM EST - Pacific Exploration & Production Corporation : Has retained Kingsdale Shareholder Services, North America's preeminent shareholder services firm, to act as its strategic advisor and proxy solicitation agent in relation to the previously-announced comprehensive restructuring agreement among the Company, certain holders of the Company's senior unsecured notes, certain of the lenders under the Company's credit facilities and The Catalyst Capital Group Inc. to effect a comprehensive financial restructuring that will significantly reduce debt, improve liquidity, and best position the Company to navigate the current oil price environment. Pacific Exploration & Production Corporation
shares T.PRE are trading unchanged at $0.64.
