Connacher extended creditor protection

Connacher extended creditor protection

Connacher Oil & Gas entered into a Second Forbearance Agreement on the default of principal and interest payments due back in March.

The new agreement extends creditor protection until May 16.

Connacher operates the Great Divide thermal in-situ operation which has a rated capacity of 15,000 bbl/day. Great Divide has been operating at reduced rates (approximately 3,500 bbl/day) in order to preserve cash.

Inter Pipeline's bet on the oil sands continues to pay off

Inter Pipeline's bet on the oil sands continues to pay off

Canada sheds more jobs in April as Alberta erases March gains

Canada sheds more jobs in April as Alberta erases March gains

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