Operator · Canada Oil Sands
Connacher Oil & Gas Ltd.
24 articles mentioning Connacher Oil & Gas Ltd. · Page 1 of 2
Connacher Announces Q2 2019 Results; Production Falls -14%
Connacher Oil and Gas announces its financial and operating results for the three and six months ended June 30, 2019 (“Q2 2019”) (all amounts are in Canadian dollars unless otherwise noted). Operational Q2 2019 and YTD...
Connacher Taps New CFO
Connacher Oil & Gas has named Jeff Beeston as its new CFO. Mr. Beeston has been Vice President of Finance and Interim Chief Financial Officer at Connacher since November 2015.
After 2016 Production Decrease, Connacher Ramps Up Output in Q1
Connacher had reported its Q4 and year-end 2016 results (all amounts are in Canadian dollars unless otherwise noted).
Connacher Seeking Creditor Protection as Financials Slip
Connacher Oil and Gas Limited is initiating proceedings today at the Court of Queen's Bench of Alberta to seek creditor protection under the Companies' Creditors Arrangement Act.
Connacher, Suncor Curtail Production in Alberta Due to Wildfires
Due to wildfires impacting the Fort McMurray area of Alberta, both Connacher Oil & Gas and Suncor Energy have curtailed production at their nearby projects.
Struggling Connacher Enters Second Forbearance Agreement
The Second Forbearance Agreement extends the forbearance period until May 16, 2016.
Connacher Enters Forbearance Agreement for $153.8MM Loan
The company holds 100% interests in the Great Divide oil sands leases near Fort McMurray, Alberta
Connacher Sees $56MM Net Loss in 4Q; Production Drops 9%
Connacher Oil and Gas Limited announces its financial and operating results for the quarter- and the year-ended December 31, 2015.
Connacher to Further Reduce Output at Great Divide
Connacher Oil and Gas Limited announces that in light of exceptionally low commodity prices, the Company plans to further reduce production at Great Divide.
Connacher to Reduce Output at Great Divide
Connacher Oil and Gas Limited announces that in light of the current low commodity price environment, the Company will accelerate planned maintenance at Great Divide.
Connacher Oil and Gas Freezes Capex
Capital expenditures totaled $1.0 million (Q3 2014 - $25.3 million.)
Connacher Takes Hit in 2Q; Revenue Drops 39%
Q2 2015 revenue, net of royalties, decreased 39% to $71.3 million (Q2 2014 - $116.4 million ), primarily due to the decline in crude oil prices.
Connacher Chairman Appointed Interim CEO
Brent de Jong, currently Chairman and a director of Connacher, has been appointed Interim CEO.
Connacher Finds New Lease on Life, Swaps Out Board
In light of the continuing low oil prices, the Company remains focused on cost reduction measures.
Connacher Oil and Gas Mourns Loss of Chairman
Connacher Oil and Gas Limited has lost a great friend and leader. Colin Evans, Connacher’s Board Chairman, passed away yesterday.
Connacher Reports Recapitalization Plan
Recapitalization aimed at significantly reducing the Company's debt and annual interest expense.
Connacher Reports Uncertain Future in 3Q 2014
Current debt structure and limited access to additional financing create doubt about ability to continue as a going concern.
Connacher Turns on Taps at Nine New Wells
Based on field estimates, Connacher’s Great Divide production for Q3 2014 averaged 14,100 bbl/d.
Connacher Spending Remaining Year's Capital on Algar Project
Remaining $63 million will be spent primarily on the commercialization of the SAGD+® process at Algar to be on stream in 2015.
Connacher Production Increases Slightly
Production for Q1 2014 increased by 8% to 13,433 bbl/d (Q1 2013 - 12,406 bbl/d).