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Connacher Oil & Gas Ltd CLLZF

"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Bullboard Posts
Comment by strzelinon Jul 30, 2007 2:39pm
251 Views
Post# 13172124

RE: Buy-out $1.00 per barrel

RE: Buy-out $1.00 per barrelActually is not that simple. 2P+best est of Oilsand reserves are 417mbbl . 417 x $1= $417 mln /238 mln (FD)shares= $1.75 per CLL share PDP = $1 per CLL share Luke +Refinery = $1.5 per CLL share(at the most) Total debt $300mln = $1.25 per CLL share. You can do the adding and subtracting on your own. olesmoker: "Buy Connacher Oil and gas for about $1.00 per barrel proved oil Reseves Great Divide (high estimate from drilling so far) Get the Montana refinery for FREE Get luke oil and Gas Properties for FREE Get 26-percent of Petroliferia for FREE"
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