What is Connacher’s involvement with Petrolifera?
Connacher owns approximately 20 percent of the outstanding shares and approximately 24 percent of outstanding share purchase warrants of Petrolifera Petroleum Limited, a publicly-traded company listed on the TSX under the symbol PDP. Connacher was responsible for Petrolifera’s creation and initial financing and continues to provide some administrative services to Petrolifera. Petrolifera owns crude oil and natural gas production and reserves and conducts exploration and development on its extensive acreage holdings in Argentina, Peru and Colombia in South America.
