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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 Oilisgoldon Oct 26, 2007 3:53pm
247 Views
Post# 13699849

PDP is SMARTER buy than CLL with Royalty up.

PDP is SMARTER buy than CLL with Royalty up.I agree that PDP is a better buy. Royalty issues and timelines make Cll less profitable than PDP. Share dilution coming. I agree with watch4it's comparison. ____________________________________ ------------------------------------ PDP has more Oil. PDP Cheaper production costs. PDP Fewer Shares outstanding. PDP Higher e/s and going up. PDP More profit per barrel Oil than Bitumen from Oilsands. PDP Money in the bank. PDP More prospects in more Countries. PDP takes weeks to increase production not years as oilsands plays PDP Target Price $19.00 PDP has no dilution of shares coming. PDP excellent successful drilling results. CLL less profit on Barrel of Bitumen than PDP Oil CLL has no money..needs more. CLL Share dilution coming to expand. CLL takes years to produce POD CLL needs huge pipelines built. CLL has no Bitumen production to speak of for another three months. Cll has 50% drilling success in NG conventional..not good CLL refinery cost increased,less profit. CLL income down for Q3 Cll needs money for tie in 8 wells..share dilution? Definetly PDP is a better investment. No CLL has no money for a buyout of PDP. No PDP would be silly to buyout CLL.
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