I think we will go down again.

Only positive is this

The Company also commenced drilling the planned nine infill wells at Pod One. Actual Great Divide production averaged 13,661 bbl/d for the first two months of 2014

The rest is not that good .Still a loss .More of this in this artickle.

So is this news already calculated inb the sp?If they can hold the current production level and even improve it trough 2014 then their loss could be less or even with small profit.Will depend on things will eveolve ,oil price etc..I think our hope to see this stock moving up is still not a fact but let's assume things could turn .If you watch this stock for so long it takes a lot of patiance from it's shareholders.We can only looking forward towards Q1 now and hoping on oil prices around 100 or more.

CALGARY — Connacher Oil and Gas reported lower production and deeper losses in fourth-quarter and full-year 2013 results released on Wednesday afternoon.

The company noted output at its thermal oilsands operations south of Fort McMurray averaged 11,400 barrels per day in the last three months of 2013, down from 11,900 bpd a year earlier, due to scheduled interruptions as new well pairs were commissioned and a temporary natural gas supply outage.

In a news release, it also said actual production has been 13,700 bpd for the first two months of 2014.

In spite of higher realized prices of $50.70 per barrel in the fourth quarter versus $41.55 per barrel a year ago, credited to a more diverse customer list, Connacher reported a two per cent reduction in revenue.

It said it had a net loss of $41.3 million on revenue of $93.2 million in the fourth quarter of 2013, compared with a net loss of $7.2 million on revenue of $95 million in the same period of 2012. The fourth quarter 2012 net loss was offset by a gain of $33.4 million on the sale of Connacher’s Montana refinery.

For 2013, Connacher had a net loss of $122 million on revenue of $428 million, compared with a loss of $84 million on revenue of $385 million in 2012.

Connacher has been producing bitumen since late 2007 from the first phase of its Great Divide oilsands project and since 2010 from an expansion project.

The company has recently focused its capital programs on schemes to bring production closer to its nameplate 20,000 bpd.