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Double Eagle Petroleum Extends Consent Solicitation

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November 27, 2012

Double Eagle Petroleum Co. (NasdaqGS: DBLE) extended the expiration date of its consent solicitation, the Denver-based company announced.

The extension amends the articles supplementary for the company's 9.25% series A cumulative preferred stock to modify the circumstances under which the preferred stock would be subject to mandatory redemption following a "change of ownership or control" of the company and to extend the date upon which the preferred stock is subject to optional redemption by the company from June 30, 2012 to September 30, 2013.  The purpose of the proposed amendments ...

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