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Connacher Announces Update on Impact of Wildfires
Connacher Announces Update on Impact of Wildfires Connacher Announces Update on Im...
About this update from Christina Lake Cannabis Corp
[{"type":"text","content":"\n\n\n\nConnacher Announces Update on Impact of Wildfires\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nConnacher Announces Update on Impact of Wildfires\nCanada NewsWire\nCALGARY, May 5, 2016\n\n\n\nCALGARY, May 5, 2016 /CNW/ - Connacher Oil and Gas Limited (CLC - TSX; \"Connacher\") announces that access to its Great Divide site has improved and it is proceeding to bring production back to normal levels over the day. Production at Great Divide will be increased to approximately 8,000 bbl/day of bitumen. Connacher's employees and facilities at Great Divide remain in safe condition and Connacher will continue to support the relief efforts.\n\nAbout Connacher\n\nConnacher is a Calgary-based in situ oil sands developer, producer, and marketer of bitumen. The Company holds a 100 per cent interest in approximately 440 million barrels of proved and probable bitumen reserves and operates two steam-assisted gravity drainage facilities located on the Company's Great Divide oil sands leases near Fort McMurray, Alberta.\n\nForward Looking Information\n\nThis press release contains forward looking information, including anticipated production rates. Forward looking information is based on management's expectations regarding the Company's future financial position, the Company's future growth, results of operations and production, future commodity prices and foreign exchange rates, future capital and other expenditures (including the amount, nature and sources of funding thereof), plans for and results of drilling activity, environmental matters, business prospects and opportunities and future economic conditions. Forward looking information involves significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to: the risks associated with the oil and gas industry (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve and ...