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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 defuncton Jan 19, 2012 4:22pm
643 Views
Post# 19423803

RE: RE: Anon Top buyer again

RE: RE: Anon Top buyer again

Reading the subtle differences between the company updates while Richard Gusella was in charge with the growrh plans and the email announcing he has left the company a couple of things come to mind,

No mention of growth in the last update.

Will spend the announced $37 million capital for maintenance of the current output

Both CO Ceos are board members and very busy with thier own companies.

No suggestion of filling in vacant postions.

I would have to say based on these differences, they are looking to sell the company, possibly revisiting the offer that was on the table.

 

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