Actually they closed even at 91 cents each.
PDP high ------10/26/06 at $25.14
CLL high ------- 1/30/06 at $6.07
WTI prices:
Feb 2005 $48/bbl
Aug 2009 $71/bbl
CLL shareholders who bought the shares in Feb 2005 (4.5 years ago) are at the brake even point.
This is what the Management can do to create value for long-term shareholders:
Petrobank Energy
Feb 2005 $2.5 per PBG share
Aug 2009 $37
CLL and Petrobank had very similar start. Small Oil Production in Saskatchewan, Oilsand properties in Alberta and South American Oil exploration properties.