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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 psmithon Jan 28, 2006 9:44am
555 Views
Post# 10260531

RE: This is BAD NEWS

RE: This is BAD NEWSdondon...point 2a...minor issue Nat gas is a hedge for CLL. They don't plan on physically delivering anything from a LUKE well to the Great Divide. Also, it is anticipated like others in the SAGD process, that Nat gas will not be required and that the bitumen will be converted to fuel to make steam. I've taken this info from CLL PRs and presentations.
Bullboard Posts