GREY:CLLZF - Post by User
Post by
birdie22on Aug 05, 2018 1:53pm
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Post# 28416405
Connacher Assets Sold
Connacher Assets SoldEast River Oil and Gas has been selected as the buyer of assets belonging to Connacher Oil & Gas for $113.5 million. Connacher has been under creditor protection since the spring of 2016. The assets include the Great Divide oil sands complex, which consists of Pod One and Algar. The in-situ facilities continue to operate despite the company's financial woes, producing about 12,670 bbl/day in the first quarter of this year