💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

BRIEF-Connacher announces that its oil sands assets are for sale pursuant to a sale and investment solicitation process

Published 2016-05-19, 07:54 p/m
© Reuters.  BRIEF-Connacher announces that its oil sands assets are for sale pursuant to a sale and investment solicitation process
CLC
-

May 19 (Reuters) - Connacher Oil And Gas Ltd CLC.TO
* Connacher oil and gas limited announces that its oil sands
assets are for sale pursuant to a sale and investment
solicitation process
* Ernst & young inc. Has been appointed monitor ( "monitor")
of corporation for ccaa proceedings
* It and monitor are currently seeking parties interested in
acquiring or investing in business or assets of corp
* Assets of co include 100% working interest in about 87,000
net acres of oil sands leases located southwest of fort mcmurray
* Assets of co located southwest of fort mcmurray, alberta ,
has estimated gross 2p reserves of 436 million barrels

Source text for Eikon: ID:nCNWNYkW1a
Further company coverage: CLC.TO

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.