Heavy Oil Investing News » Cash-strapped Connacher declared first-quarter loss

Cash-strapped Connacher declared first-quarter loss

May 13, 2009 @ 8:24 am In Heavy Oil Company News

Liquidity problems remain unresolved at cash-strapped oilsands junior Connacher Oil and Gas Ltd., while noting a first-quarter net loss of $46 million compared with a loss of $1.8 million a year earlier.

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