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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 Risktaker7on Aug 14, 2012 4:24pm
615 Views
Post# 20217095

Great news

Great news

I  think they bought the refinery for about 55 million plus some shares. I am glad they sold the refinery due to high maintenace costs and problems. They may receive up to 200 million from both sales to forward projects that they can focus more on and make them money. I just hope they can contain and manage their costs more efficently when moving projects ahead now.

 

Risk

Bullboard Posts