Connacher sells Battrum oil property for $57.5M

Oilsand junior Connacher Oil and Gas Limited has sold its Battrum oil properties in Saskatchewan for $57.5 million to privately owned Hyak Energy, an affiliate of Accelerated Oil Technologies.
Production from the Battrum properties averaged approximately 700 barrels per day, at $82,000 per flowing barrel, the company said.
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Source: The Calgary Herald

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