09:54 AM EST - Connacher Oil and Gas Limited : updated shareholders and other investors regarding its future plans. The company continues to experience strong financial results and expects to continue to do so assuming crude oil and bitumen prices, as well as favorable heavy oil differentials, continue at or near current levels. The company has sufficient liquidity to meet all of its current financial obligations, including the repayment of its convertible debentures in June, interest payments on its Senior Secured Notes in February and August and funding its announced 2012 capital program. Connacher Oil and Gas Limited
shares T.CLL are trading up $0.02 at $1.08.
