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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: Re: Size does count

Oct 08, 2009 05:25PM
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Oct 08, 2009 11:02PM

I don't have any better ideas, but a question.

I got the impression that CLL has not undertaken seismic testing on most of the property - in part because as little guy CLL could not develop more than they are at present anyhow. Adding to the reserves would further increase the risk of a hostile takeover.

So my question is - is there the hope to uncover more pods? Or do they already know that WYSIWYG? The schematic of CLL's claims indicate around 7 pods - what sort of potential does the rest of the claims hold, if any? I am presuming that there is potential for further pods, hence the further drilling.

I realize that this info may be available somewhere, but if anyone has insights or thoughts, I would like to hear them.

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