Heavy Oil Investing News » Connacher unwilling to keep pumping out its reserves

Connacher unwilling to keep pumping out its reserves

December 17, 2008 @ 9:33 am In Heavy Oil Company News

Connacher said that prices are so low it can no longer cover its costs and is unwilling to keep pumping out its reserves at a loss.

For full story, click here ^[1]

Article printed from Heavy Oil Investing News: http://heavyoilinvestingnews.com

URL to article: http://heavyoilinvestingnews.com/334-connacher-unwilling-to-keep-pumping-out-its-reserves.html

URLs in this post:

[1] here: http://www.reuters.com/article/reutersEdge/idUSTRE4BG5KV20081217