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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 yitearpon Nov 11, 2011 12:54pm
414 Views
Post# 19230286

bitumen prod is stagnant

bitumen prod is stagnant
Is it me or has CLL been at same prod level since Jan of this year at Pod1 + Algar.  On top of that the last 2 updates they've actually reduced full year 2011 prod guidance.  C'mon man give me a break.  Let's see some prod increase (see Legacy O&G) and the SP will take off.  Nothing else they say is a catalyst for SP increase, their releases are well-written but can't hide the fact that bitumen prod is stagnant and has been for a while.   
Bullboard Posts