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.

The Calgary Herald reports:

Connacher Oil said Great Divide has the potential for more than 55,000 barrels per day of bitumen production.

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