Connacher Oil & Gas Ltd CLLZF

Hmmm news release back in Dec 05

[syl3993]

18:57 EST Wednesday, Dec 21, 2005 CALGARY, Dec. 21 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX) announced today that is has received its OSE Order No. 050027 from Alberta Environment which will allow it to commence and proceed with its 2005/2006 core hole drilling program on its 107-section Great Divide oil sands property in northeastern Alberta. Core hole licensing procedures are underway and the initial core holes will be drilled on and around Connacher's Pod One accumulation, development of which to produce up to 10,000 bbl/d of bitumen is awaiting EUB and Alberta Environment approval following submission of an application last August 2005. If Connacher is successful in establishing adequate additional reserves within any of these prospective accumulations, it anticipates securing an updated reserve report by mid-summer 2006 and, if warranted, submitting shortly thereafter an application (or applications) to the regulatory authorities to develop an additional 10,000 bbl/d pod (or pods) in 2007 and beyond.