`Until such time as Petrolifera proves itself as a worthhile, susainable and accretive asset to Connacher, to bring it in as a Division of Connacher would bring undue risk to Connacher itself. Best to allow it to exist as a subsidiary wtih no intercompany debt guarantees, which could imperil Connacher itself."

I agree with Brian. Connacher also does not have the resources to really get distracted from its priime directive which is oilsands production for the next few years however, there may come a day a number of years from now when Connacher is producing an obscene rate of cash flow and bitumen netbacks are obscenely high and then Connacher could partner on a well or two in Peru or Columbia. 2014, 2015. For now the 10% interest on a well in Block 106 and Block 107 in Peru is for services rendered (free). Gotta like those perks.

Best Wishes; Scott