JED Oil gets fourth extension on 10% convertibles redemption date

By Devika Patel

Knoxville, Tenn., March 24 - JED Oil Inc. announced it has once more extended the redemption date of its $40.24 million in 10% senior subordinated convertible notes to March 24 from March 20.

This is the notes' fourth extension; the redemption date originally was slated for Feb. 15.

JED Oil is an oil and natural gas company that is based in Didsbury, Alta.

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