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Connacher Oil & Gas Ltd CLLZF

Energy Oil & Gas Integrated
"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

Connacher Oil & Gas Ltd
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Comment by aboutoilon Aug 15, 2008 1:50pm
451 Views
Post# 15387986

RE: Algar Approval is the least /oilman1212

RE: Algar Approval is the least /oilman1212Shake your head man.
CLL does not refined their own bitumen from the POD1. Their bitumen is sold locally at $60.8 as per Q2 numbers. This is about $20 less then other heavy oil producers product pricing in Q2.
Market valu of the Montana refinery is $80 to $100 millon which adds 30 to 40 cents to CLL NAVPS. Not $1 as you suggesting. You do not have much clue what are you invested in. Do you?
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