CALGARY, Feb. 4, 2015 /CNW/ - On January 30, 2015 Connacher Oil and Gas Ltd. (CLL TSX; "Connacher" or the "Company") announced a proposed recapitalization transaction (the "Recapitalization") aimed at significantly reducing the Company's debt and annual interest expense, and providing additional liquidity to fund ongoing operations. This [...]
CALGARY, Feb. 2, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL TSX; "Connacher" or the "Company") provides its forecast ("Forecast") for 2015 in the context of its previously announced recapitalization transaction (the "Recapitalization"). This Forecast is based upon the following assumptions: Commodity Price Assumptions Average WTI price of [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION TO UNITED STATES/ CALGARY, Jan. 30, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL TSX; "Connacher" or the "Company") announced today a proposed recapitalization transaction (the "Recapitalization") aimed at significantly reducing the Company's debt and annual interest [...]
CALGARY, Jan. 29, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL TSX; "Connacher" or the "Company") announces that Mr. Greg Boland has tendered his resignation as a director of the Company effective January 29, 2015. The Company would like to thank Mr. Boland for his contributions. About Connacher Connacher is a Calgary-based in situ oil sands [...]
CALGARY, Jan. 15, 2015 /CNW/ - Connacher Oil and Gas Ltd. (CLL TSX; "Connacher" or the "Company") announces that in connection with Connacher's process to devise and implement a strategy to address its liquidity and capital structure, as announced on December 1, 2014, Connacher's Board of Directors has initiated a strategic process which could [...]
CALGARY, Dec. 1, 2014 /CNW/ - Connacher Oil and Gas Ltd.(CLL TSX; "Connacher" or the "Company") announced today that its Board of Directors has initiated a process to devise and implement a strategy to address Connacher's liquidity and capital structure. In this regard, BMO Capital Markets has been engaged as the Company's financial advisor to [...]
CALGARY, Nov. 13, 2014 /CNW/ - Connacher Oil and Gas Ltd. (CLL - TSX; "Connacher" or the "Company") announces its financial and operating results for the quarter ended September 30, 2014 ("Q3 2014") (all amounts are in Canadian dollars unless otherwise noted). Q3 2014 Highlights Q3 2014 production increased 20% to a quarterly record of 14,163 [...]
CALGARY, Oct. 15, 2014 /CNW/ - Connacher Oil and Gas Ltd. (CLL TSX; "Connacher" or the "Company") provides an operational update for the third quarter 2014 ("Q3 2014") and Q3 2014 conference call details. Operational Update Based on field estimates, Connacher's Great Divide production for Q3 2014 averaged 14,100 bbl/d. Production has increased in [...]
CALGARY, Oct. 9, 2014 /CNW/ - Connacher Oil and Gas Ltd. (CLL - TSX; "Connacher" or the "Company") announces that Daryl Gilbert and C.W. Leigh Cassidy have been appointed to its Board of Directors. Mr. Gilbert is best known in the industry for his work as an independent consultant in reserves evaluation through his work with Gilbert Laustsen Jung [...]
CALGARY, Aug. 13, 2014 /CNW/ - Connacher Oil and Gas Ltd. (CLL - TSX; "Connacher" or the "Company") announces its financial and operating results for the quarter ended June 30, 2014 ("Q2 2014") (all amounts are in Canadian dollars unless otherwise noted). Q2 2014 Highlights Q2 2014 production increased 18% to 13,689 bbl/d (Q2 2013 - 11,572 [...]
CALGARY, July 17, 2014 /CNW/ - Connacher Oil and Gas Ltd. (CLL - TSX; "Connacher" or the "Company") provides an operational update for the second quarter 2014 ("Q2 2014"), a finalized 2014-2015 capital plan ("Capital Plan"), AGM voting results and Q2 2014 conference call details. Operational Update Based on field estimates, Connacher's Great [...]
CALGARY, May 23, 2014 /CNW/ - Connacher Oil and Gas Ltd. (CLL - TSX; "Connacher" or the "Company") announced today that it has closed the previously announced first lien term loan facility in an aggregate principal amount of US$128.4 million (equivalent of C$140 million) (the "Term Loan Facility"). Credit Suisse arranged a syndicate of [...]