Connacher applies for second project - July 01, 2007

Providing coverage of Alaska and northern Canada's oil and gas industryJuly 2007

Vol. 12, No. 26

Week of July 01, 2007

Connacher applies for second project

Connacher Oil and Gas, through its wholly owned Great Divide Oil Corp., has filed applications with Alberta regulators for approval of its Algar project, its second venture into the Alberta oil sands.

Its 10,000 barrels-per-day Great Divide Pod One is scheduled for commissioning in August, while Algar is also planned as a 10,000 bpd operation, designed to recover 83 million barrels of bitumen over 25 years.

Subject to approvals, Connacher hopes to start construction before mid-2008 and ship diluted bitumen to refinery markets in the United States and Canada in 2009.

—Gary Park

Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.