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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: Today's downturn--Brian
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Today's downturn--

2violins
Jan 11, 2010 12:49PM
Re: Today's downturn--

BKM8572
Jan 11, 2010 12:53PM
Re: Today's downturn--

spiderman8
Jan 11, 2010 12:58PM
Re: Today's downturn--

bruun
Jan 11, 2010 01:31PM

Hi Brian,

Good to see you back. Sorry to here about you being hospitalized for 6 weeks. I hope you fully recovered and well. All the best in 2010 for you and your family. Jurek

About downturn,

Partnership or joint venture to develop CLL reserves are just another form of dilution of NAVPS which has direct impact on the CLL SP. Unfortunately this is unavoidable. CLL will not generate sufficient free cash flow to expend on their own. Partnership maybe the better option than new debt or equity issue.

Sharky, you are genius with your timing. Congratulation.

2 Recommendations
Re: Today's downturn--Brian

BKM8572
Jan 11, 2010 02:02PM
Re: Today's downturn--Brian

dondon
Jan 11, 2010 04:03PM
Re: Today's downturn--Jurek

sharky
Jan 11, 2010 04:47PM
Re: Today's downturn--Dondon

sharky
Jan 11, 2010 05:11PM
Re: Today's downturn--Brian

willysam
Jan 11, 2010 07:46PM
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