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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: Results
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Aug 12, 2010 05:28PM

Spidey

Unless I've read the report wrong long term debt has dropped by 72,270,000 between 2009 and 2010..read it yourself.

Summary Results

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Three months ended and as at June 30
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FINANCIAL ($000 except per
share amounts) 2010 2009 Change
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Revenues $141,270 $100,219 41
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Cash flow(1) $8,668 $9,570 (9)
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Per share, basic(1) $0.02 $0.04 (50)
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Per share, diluted(1) $0.02 $0.03 (33)
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Net earnings (loss) $(33,126) $39,966 (183)
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Per share, basic $(0.08) $0.15 (153)
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Per share, diluted $(0.08) $0.14 (157)
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Property and equipment additions $59,316 $40,236 47
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Cash on hand $69,412 $401,160 (83)
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Working capital $99,834 $455,001 (78)
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Long-term debt $888,323 $960,593 (8)
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