Connacher Oil and Gas Limited (Connacher) is a Canada-based energy company. The Company is engaged in the exploration, development, production and sale of bitumen. Connacher has two second steam-assisted gravity drainage (SAGD) facilities located on its Great Divide oil sands leases near Fort McMurray, Alberta, namely Pod One and Algar. Algar is located in Sections 18 and 19, at Great Divide, eight kilometers east of Pod One and it is the Company’s second SAGD thermal recovery oil sands project. Algar has a steam generation design capacity of 30,000 barrels per day. Pod One is located in Sections 16 and 21, Township 82, 80 kilometers south of Fort McMurray and 370 kilometers north of Edmonton. Pod One is the Company’s first SAGD thermal recovery oil sands project that has a design steam generation capacity of 27,000 barrels per day.