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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
Post by watch4iton Sep 22, 2007 10:55am
497 Views
Post# 13448228

CLL highlites..target price $30.00 p/s

CLL highlites..target price $30.00 p/sIn a few years...$30.00 or sooner. Why? Simple: Major assets in ALL sectors of the Oil and Gas Industry. Not just an Oilsands Company...Diversified. Cll highlights: Refinery..great profit/expandable asset Conventional Oil 1100Bo/d Natural gas 1100 BOE/d POD 1 - 10,000 BO/D max. output (15 SAGD well pairs) 37 SAGD well pairs expandable for POD1 site. POD 2 Application under way another 10,000 BO/d. 10 Wells to tie in at freeze up..expect 2500-3000 BOE/d Winter Drilling Program planned for conventioanl OIL/GAS PDP (26% controlling interest) increased output?reserves- 10,000 BO/d PDP expanding production..new drilling program. Royalty concessions to expand in oilsands projects Natural gas royalty concessions in place Low Royalty payment compared to other areas of the world. Lots of room for expansion right out of cashflow. Low relative debt. Proven technology lots of proven reserves. Lots of probable reserves. Oilsands projects relatively LOW operating costs...higher profits Availability of Drilling Rigs at lower costs. Great timing in respect to world Oil prices ( supply/demand ) LOW SHARE PRICE COMPARED TO ASSET VALUES... Low price compared to similar industry companies. Strong long term outlook...could reach $30.00 within a couple of years or less. ground floor investment opportunity. Need I say more.... ONLY FOOLS WOULDN'T BUY THIS STOCK AT ANY PRICE UNDER $10.00 So who would sell for less?
Bullboard Posts