Every oil and gas company is a possible take over target according to BNN. What a load.... Analysts have consistently stated over the last two or three years that Talisman is a takeover target. Nexen has been rumoured as a takeover target for years. Encana has been rumoured as a takeover target for years. Opti has been rumoured as a takeover target for years. UTS has been rumoured as a takeover target for years. The Harper government has even been rumoured to be a takeover target for the last year!!! Connacher will not be taken over in the near term as they have almost a billion dollars of debt. In addition, they are not a pure bitumen producer alone as they have a large natural gas operation which a pure bitumen buyer would not want to own as well as the MRC Refinery which in addition to the gas properties was purchased to scare off any possible take overs. Connacher might become a takeover target when it is producing 50,000 bbl/day of bitumen and once it has reduced or paid off its debt. Until then, dream on........

Best Wishes; Scott