Re: Petrolifera to retain Argentinian holdings/Booster
in response to
by
posted on
Jul 16, 2009 12:10PM
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
Thanks Jurek, and btw, welcome back......
Planet's post is somewhat interesting ....if we're assuming the same management team for both companies have similar mandates by their boards.
I see in CLL's financials that CLL charges a management fee to PDP. In such an arrangement, any "management activity" can satisfy this fee. I'm trying to understand if DG and the same group manage CLL and PDP completely..... from operations to capital expenditures.
I've always assumed they managed, to the same extent, for both companies - but just wanted to confirm it with the knowledge base of this board. [insert: refrain from Gusella bashing here]....
Good Luck
Booster