Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: S&P cuts Connacher to 'B', may cut further
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Yes, I can see this.

$600M CLL Notes holders are first in line. They are secured on all CLL assets like Luke, MRC and Oilsands (except PDP). It appears that PDP is the only liquid assets here.

WTI Oil finish the week on the positive note at $37.9 , Bitumen at Hardisty Alberta was quoted at about $22 yesterday. Alberta NG spot price at $4.8

TSX Energy index flat today and CLL in line with the index.

Canadian and US markets are closed on Monday.

Have a good long weekend.



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