May 6 (Reuters) - Anterra Energy Inc AEa.V :
* Anterra Energy Inc announces CCAA protection and cease
trade orders
* Arranged for a $2.5 million interim convertible loan which
lender has agreed may be used to fund CCAA process and for
related expenses
* Anterra's efforts to pursue strategic alternatives has
been severely hindered by unprecedented downturn in oil and gas
industry in Alberta
* Board will maintain its usual role under supervision of
Pricewaterhousecoopers inc. As court-appointed monitor
* Obtained creditor protection under companies' creditors
arrangement act
* Board of directors will maintain its usual role and
management will remain responsible for company's day-to-day
operations
* Continues to explore a number of alternatives, including a
sale of company and repayment of all creditors
Source text for Eikon: ID:nCCNbgNKfy
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