GREY:CLLZF - Post by User
Post by
Oilisgoldon Mar 24, 2008 2:40pm
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Post# 14764553
PDP has more growth than CLL...
PDP has more growth than CLL...Pdp has increased Oil production.
Now over 10,000 BOE/D
Same profit per barrel as CLL.
Positive cashflow.
No relative debt (once payment of ABCP due April 16)
New prospects and large reserves of lands.
New exploration well producing 1000BO/D with two more to be drilled in same area.
Waterflood
Pipelines and facilities to handle increased volumes.
No debt compared to CLL 800 M.
PDP will double production once Columbia and Peru are drilled later this year. That is like adding another POD for CLL. But the production didn't cost $400m.
I think CLL might not be as god and safe investment over the next six months ot a year????