Dec 28 (Reuters) - Pacific Exploration and Production Corporation PRE.TO :
* Pacific announces an extension of covenant relief under its revolving credit
agreements
* Extension of waivers granted in respect of covenant that requires company to
maintain net worth above $1 billion
* Says has also agreed to certain restrictions on non-ordinary course
transactions
* Says agreed to work with the lenders and their financial and legal advisors
during the waiver period
* Source text for Eikon
* Further company coverage PRE.TO