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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 myNEXTmillionon Dec 18, 2011 1:03pm
557 Views
Post# 19332911

RE: Debt load

RE: Debt load
Their debt load is manageable.  The debt is less than the cost of their


They've made a few decisions that have turned out to be bad ones, such as buying a gas company at peak prices, but at the time it didn't seem that way.  It awareness of the credit markets in 2008 was well under the radar otherwise, I'm sure management would have locked in their capital requirements and credit facility a lot sooner.

The main thing is the company survived... and growing again at least on the electronic media side.
Bullboard Posts