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BRIEF-Connacher reports sale of Montana refining, 2013 growth projects

Monday, 1 Oct 2012 | 1:10 PM ET

Oct 1 (Reuters) - Connacher Oil and Gas Ltd :

* Announces closing of sale of Montana refining and plans for 2013 capital

growth projects

* Board approved preliminary 2013 capital budget of about $70 million relating

to growth development projects

* Sees projects may raise bitumen production at great divide by as much as

5,000 bopd over next 15-24 months

* Says total potential approved capacity for the great divide area is now

44,000 bbl/d

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