Global InformationConnacher Oil and Gas information
 | |
| Company type | Public |
|---|---|
| Industry | Oil and Gas |
| Founded | Calgary, Alberta (1997) |
| Headquarters | Calgary, Alberta, Canada |
Key people | Chris Bloomer, Chief Executive Officer, Greg Pollard, Chief Financial Officer, Jesse J. Beaudry, Vice President, Marketing and Transportation Logistics, Merle D. Johnson, Chief Operating Officer |
| Products | Oil & gas exploration and production |
| Revenue |  $872.8 million CAN (2011)[1] |
| Website | www |
Connacher Oil and Gas Limited is a Calgary-based exploration, development and production company active in the production and sale of bitumen in the Athabasca oil sands region. Connacher's shares used to trade on the Toronto Stock Exchange, but it was de-listed in 2016, after filing for insolvency.[2]
Connacher's principal asset is a 100 percent interest in approximately 500 million barrels of proved and probable bitumen reserves located on the company's Great Divide oil sands 50 miles south of Fort McMurray, Alberta.[1] The company's first notional 10,000 bbl/d Steam-assisted gravity drainage (SAGD) oil sands project at Great Divide, Pod One, commenced commercial production in March 2008, just four short years from our first purchase of lands in the region. Algar, the company's second notional 10,000 bbl/d SAGD oil sands project at Great Divide was completed in April 2010, ahead of schedule and under budget, with commerciality achieved effective October 1, 2010. In September 2012, Connacher received approval from the Energy Resources Conservation Board for the development of its 24,000 bbl/d Great Divide Expansion Project. [2]
- ^ "Connacher Oil & Gas 2011 Annual Report" (PDF).[permanent dead link]
- ^ "TSX Delisting Review - Connacher Oil and Gas Limited (Symbol: CLC)". www.newswire.ca. Retrieved 23 January 2018.