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: Institutional Investors - Reuters
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You're aware of Friday's news?

( sorry all to be the bearer of disappointing news, if you hadn't seen this )

Connacher Oil and Gas Ltd. (CLL CN) had its biggest drop since May 2004, losing 20 percent to 61 Canadian cents. The oil and gas producer fell after Scotia Capital analyst Mark Polak lowered his rating to “sector underperform” and said the Calgary-based company is in “a very precarious position” until additional financing is secured. Connacher is also being deleted from the Standard & Poor’s/TSX Composite Index after today.





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