Connacher Oil and Gas Ltd.

• Connacher Oil and Gas Limited Provides Update and Announces Pipeline Project

  Connacher Oil and Gas Ltd. is pleased to announce the following: While 2020 was an extremely challenging and unprecedented year for the energy sector, Connacher advanced several key initiatives in the second half of the year to position the Company for the future. Earlier in the year, following the precipitous drop in crude oil prices caused by the COVID-19 pandemic, Connacher significantly reduced production from [...]

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  21.01.2021

  von CNW
• Connacher Oil and Gas Limited Announces Effectiveness of Its Restructuring Plan

  Connacher Oil and Gas Ltd. is pleased to announce the effectiveness of the Company's Amended and Restated Plan of Compromise and Arrangement dated July 16, 2019, which, as previously announced, was sanctioned by the Court of Queen's Bench of Alberta on July 16, 2019 in the Company's proceedings under the Companies' Creditors Arrangement Act. Upon effectiveness, which occurred as of September 30, 2019, the First Lien [...]

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  30.09.2019

  von CNW
• Connacher Oil and Gas Ltd. Announces Q2 2019 Results

   Connacher Oil and Gas Ltd. announces its financial and operating results for the three and six months ended June 30, 2019. Q2 2019 Highlights Financial Q2 2019 and YTD 2019 revenue, net of royalties, increased 12% to $60.8 million and 30% to $114.3 million, respectively, primarily due to higher crude oil benchmark pricing, partially offset by lower sales volumes Q2 2019 and YTD 2019 adjusted EBITDA increased to [...]

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  20.08.2019

  von CNW
• Connacher Oil and Gas Ltd. Announces Creditor and Court Approval of Restructuring and Extension of CCAA Stay of Proceedings

  Connacher Oil and Gas Ltd. is pleased to announce the approval of the Company's Plan of Compromise and Arrangement, as amended and restated in accordance with its terms, by the required majorities of affected creditors and the Court of Queen's Bench of Alberta in the Company's proceedings under the Companies' Creditors Arrangement Act .  As previously announced, the Plan provides that, subject to the terms and [...]

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  16.07.2019

  von CNW
• Connacher Oil and Gas Ltd. Announces Q1 2019 Results

  Connacher Oil and Gas Ltd. announces its financial and operating results for the quarter-ended March 31, 2019. Q1 2019 Highlights Financial Q1 2019 revenue, net of royalties, increased to $53.6 million, primarily due to higher crude oil benchmark pricing, partially offset by lower sales volumes In Q1 2019, the Company recorded additional income and revenue related to the forfeited Plan Sponsorship deposit and [...]

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  30.05.2019

  von CNW

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