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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 > How much do you think Connacher will sell for?
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Comment by birdie22on May 20, 2016 11:24am
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Post# 24892432

RE:RE:How much do you think Connacher will sell for?

RE:RE:How much do you think Connacher will sell for?It`s another STP, they couldn`t get enough to cover the 1st Lein so suspended operations and waiting it out for oil to recover. Oilsands way to expensive compared to US shale, and CLC was paying around $ 15.00 a barrel to Railroad it to market ( no pipeline) I think the oil will stay in the ground for a long time ( way more time than I have ). I believe last Q the spent from their (shareholders ) pocket $12.00 per barrel  just to stay in operation.

look at Moniters site     www.ey.com/ca/connacheroilandgas
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