Nice to see some posters lifting up the spirit by comparing CLL performance to UTS or BQI.

My mother always telling me: remember to measure up to the best and do not even look at the worst.

Seriously... good news on the CLL corporate level. 9750 bbl/d is surprisingly very good news indeed. This is not the average weighted but very promising for the Q4.

Lower cost are welcome news as well but no surprise here.

Canadian Natural gas prices corrected 47% since Q2. Sep 29 spot price contracts are below $5.5 per Gj . Excellent for the POD1 upstream cost but terrible for the LUKE and for CLL financials.

This dumb integrated model. You can not win with it. (The Luke hedge is for 33% of NG production till Oct and unfortunately attach to the US NG prices which are much higher the Canadian.)

http://www.ngx.com/marketdata/NGXIAS...

Not so good news on the Bitumen prices.

As of Sep 29 the Dil- bit price drooped to about $66 . Raw CLL bitumen is probably priced at $42 to $45 per bbl. About 35% lower then in Aug. If it stay in this level it will offset the production increase.

http://www.fhr.com/upload/DailyPosti... (page#2)

I know I wont get the popularity points for this one but this is the reality as of tonight.

It is difficult to get the good news in the long lasting bear market and recession. This is as good as it gets. Bravo to CLL management for successful POD1 operation.

Tomorrow: how to invest in CLL with zero risk.