March 21 (Reuters) - Pacific Exploration And Production
Corporation PRE.TO
* Company has a 30 day period from scheduled payment date to
cure failure to make such payment
* Normal operations continue in Colombia and other
jurisdictions within which company operates
* Pacific elects to utilize grace period in respect of March
interest payment
* Failure to make interest payment on scheduled date does
not constitute event of default
Source text for Eikon: ID:nPn585kjDa
Further company coverage: PRE.TO
(Bengaluru Newsroom: +1 646 223 8780)