CONNACHER OIL AND GAS LIMITED Mining News

East River granted permission to purchase insolvent Connacher Oil and Gas

The junior oilsands producer has been operating under creditor protection since May 2016.

Connacher Oil to sell Halfway Creek stake

Calgary Herald reports Calgary-based Connacher Oil & Gas Ltd. said it, along with Alberta Oil Sands Inc., will sell the entire working interest in Halfway Creek oilsands leases in northeast Alberta to focus on its core Great Divide assets. Connacher Oil, which owns oilsands leases in Alberta, holds 50 per cent in Halfway Creek, while the remaining is held by Alberta Oil Sands.