Welcome to the Connacher Oil and Gas Hub on AGORACOM

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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Message: PDP closed below CLL

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.

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