Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 canada7on Dec 12, 2006 10:14pm
282 Views
Post# 11856589

RE: My plan to make a MILLION Dollars more/less

RE: My plan to make a MILLION Dollars more/lessOilbent: Great summary. I wonder how do you come up with $100 per share target? In 2007, we may have 10,000 BB per day production, that will give a value of $400M ($2 per share). It will be worth more because of oil reserve and other revenues. I give $40K value for each bb per day production. In 2008, we may have 20,000 BB per day production, that will be ($4 per share). So, what is a reasonable target SP for 2008? To reach $100 per share, it needs to produce 500,000 BB per day. Even all PODs are producing with conventional production, it may produce only 100,000 BB per day only in 5 years...... If oil price jump, the number could change.
Bullboard Posts