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Connacher further cuts oilsands output; February-March will be 70-80% below Q4
2016-01-19 14:03:58| Industrial Machines - Topix.net
Connacher Oil and Gas Ltd. is responding to low commodity prices by slashing its Great Divide oilsands output, which will fall by 70 to 80 per cent compared with fourth-quarter levels. The Calgary-based company says output from Great Divide in February and March will be in a range of 3,000 to 4,000 barrels per day - down from 13.900 bpd in the fourth quarter.
Tags: output
cuts
q4
oilsands
Category:Industrial Goods and Services
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