Connacher Oil & Gas Ltd CLLZF

CLL and AOS relationship

[JimK]

 

Could someone please give opinions on relationship of CLL and AOS. I am having difficulty understanding just what is involved with their sharing of Half Way Creek/Hangingstone East acerage. Who holds the lease titles? What is the benefit/detriment to each companyof pooling the oil? Would CLL eventually take over AOS and use the lease for a new pod, if so any comments on likely time frame? Would the pooling agreement be valid if some other company made a bid for AOS? If a third party took over CLL would it be likely that they would also make bid for AOS to increase land holding? Any comments appreciated.

Regards

Jim