Proposed accounting changes

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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Metacomet

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Proposed accounting changes

posted on Dec 11, 2007 05:00AM

This proposed rule change in balance sheet accounting for oil companies can have a profound impact on the value of CLL as a potential takeover target.

Since they have established certified reserves as opposed to others mentioned here, they will represent real value for a potential acquirer.

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24124615

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