Q. Who are Connacher’s independent reservoir engineers?
Connacher’s independent reservoir engineers are GLJ Petroleum Consultants Ltd. of Calgary, Alberta.
Q. Does Connacher hedge some of its production?
As a means of managing the risk of commodity price volatility, Connacher enters into financial derivative commodity price-hedging contracts from time to time to ensure a target level of net operating income and cash flow, especially during periods of large capital expenditures and in view of our long-term debt.
Refer to our most recent year end or quarterly results, posted on this website, for a summary of our hedge positions.
Please refer to our latest Investor Relations presentation