Connacher Oil and Gas Limited provides the following operational update for the third quarter 2013 (Q3 2013).
Connacher's Great Divide production for Q3 2013 averaged 11,800 bbl/d based on field estimates. Production was 2% higher than the prior quarter (Q2 2013 11,572 bbl/d).
September production averaged 12,100 bbl/d based on field estimates. During the month the four infill wells at Pod One were converted to production. The infill wells were each steamed for approximately 30 days and all four wells were on production by the end of September. Connacher had previously expected that these wells would be on production by the end of Q4 2013.
The Company began steaming the four new well pairs at Pad 104 at the end of September. These wells are expected to be ready to convert to production after approximately 90 days.