I admire the way Connacher's integrated the company, with the NG upstream and refinery downstream. Thinking buyout by a major would probably break up the components, while merging with a similar sized entity would be more synergistic. Hopefully as others have expressed things will remain status quo.
When I arrived home tonight and saw my gas bill -- it wasn't that cold here in the States last month -- it struck me that I have something of my own financial hedge as Connacher does with Great Falls (and Luke). When my gasoline and heating costs rise, hopefully my energy holdings will also.