Re: CLL vs PDP Sharky-Willysam

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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dondon

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Re: CLL vs PDP Sharky-Willysam

in response to

CLL vs PDP

sharky

posted on Oct 19, 2009 03:41PM

Sharky

why not own both?myself I've gone to 10k of PDP and 35K CLL,my goal is for 50+K of CLL'

Willy

Connachers cost are an upfront scenario,going forward those costs will go down all this while cashflow will increase due in no small part to production increase along with an escallating price of OIL,there is a reason why Funds have increased their ownership,just logic IMHO

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