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Bullboard - Stock Discussion Forum
Connacher Oil & Gas Ltd
CLLZF
Energy
Oil & Gas Integrated
"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."
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Bullboard (GREY:CLLZF)
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(4)
•••
BargainHunter88
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Comment by
BargainHunter88
on May 20, 2016 11:54pm
RE:RE:How much do you think Connacher will sell for?
Well, that sucks, there goes my lottery tickets.
(3)
•••
birdie22
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Comment by
birdie22
on May 20, 2016 11:24am
RE:RE:How much do you think Connacher will sell for?
It`s another STP, they couldn`t get enough to cover the 1st Lein so suspended operations and waiting it out for oil to recover. Oilsands way to expensive compared to US shale, and CLC was paying
...more
(15)
•••
bullmarkets
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Comment by
bullmarkets
on May 20, 2016 10:54am
RE:How much do you think Connacher will sell for?
doubt it .. debtholders are going to take a haircut.. its burning cash daily. would you pay up for something that you will lose more money on everyday.
(4)
•••
BargainHunter88
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Post by
BargainHunter88
on May 20, 2016 9:51am
How much do you think Connacher will sell for?
Would share holders get anything at all?
(3)
•••
birdie22
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Post by
birdie22
on May 19, 2016 8:10pm
Connacher invites bids on its oil sands assets
Connacher invites bids on its oil sands assets Connacher Oil and Gas Ltd (2) (C:CLC) Shares Issued 28,329,037 Last Close 5/16/2016 $0.14 Thursday May 19 2016 - News
...more
(92)
•••
G1945V
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Comment by
G1945V
on May 19, 2016 5:35am
RE:Remember that February 2015 creditors
You got that right. The $1 Billion debt holders took it in the chin, so should the remaining creditors. G1945V
(3)
•••
birdie22
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Post by
birdie22
on May 17, 2016 8:31pm
Connacher receives creditor protection until June 16
Connacher receives creditor protection until June 16 Connacher Oil and Gas Ltd (2) (C:CLC) Shares Issued 28,329,037 Last Close 5/16/2016 $0.14 Tuesday May 17 2016 - News Release Mr. Merle
...more
(0)
•••
seashore
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Post by
seashore
on May 16, 2016 9:56pm
That's all she wrote
the fat lady sings...most likely be delisted in a couple of weeks.
(0)
•••
Xterranova
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Post by
Xterranova
on May 16, 2016 9:46pm
Another one bites the Dust - Celebrate
(92)
•••
G1945V
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Comment by
G1945V
on May 16, 2016 5:31pm
RE:RE:Filed for protection...best thing
There was not much of a choice. They need to keep the wolfs at bay a little while longer. :o)
(23)
•••
thedave2006
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Comment by
thedave2006
on May 16, 2016 5:00pm
RE:Filed for protection...best thing
once burnt twice shy......sad history for company and shareholders of whch included how many reverse splits in its history? now bye bye a la credit protection. ps. played them decade or more ago
...more
(3)
•••
birdie22
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Post by
birdie22
on May 16, 2016 2:33pm
Connacher Oil and Gas under TSX listing review
Shares suspended.
(3)
•••
birdie22
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Comment by
birdie22
on May 14, 2016 4:57pm
RE:RE:Market cap of 3.8 million???
Some one may pay the equivelant to .50 cents a share or a lot more but that will be from the reciever with no debt or shareholders attached. The new ClC has $ 255 million ( about $ 9.00 a share ) in
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(41)
•••
stockwrestler
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Comment by
stockwrestler
on May 14, 2016 2:38pm
RE:Market cap of 3.8 million???
i think a buyout at 50c would be a great deal for someone... glta
(4)
•••
BargainHunter88
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Comment by
BargainHunter88
on May 13, 2016 11:48pm
RE:Market cap of 3.8 million???
What do you think would be a fair value for this one then? Thanks.
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