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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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Message: Re: Bitumen and NG prices

Mar 11, 2008 12:56PM
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Mar 11, 2008 01:09PM

Mar 11, 2008 01:14PM

Rebel,

One more time: CLL has $327M available .The rest is on the debt service acct . Since you mention I just wonder what would be the procedure to use this $327M to pay  part of the $600M NOTES maturing in 2015 so the debt would drop to $272M plus $100M convertible. How would you do it? Is it possible?

Yes, I see the news but I can not find this 2500bbl/d of conventional oil. Is it possible that you are referring to LUKE Natural Gas production and not a conventional oil ?


Mar 11, 2008 02:11PM
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