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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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"Yes but I don't understand now oil price is again at around 50 ,CLL is still at 1.16 now."

CLL is down in line with the TSX energy index. Both are down about 10%. DEC 2008 contract for WTI at $50 is sure disappointing. June 2009 is trading at $56.

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