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

Free
Message: The Credit Suisse 2010 Global Credit Products Conference in Miami

Hi Scott

Nice reply again.

0.85 cents isn't much if we get that.Best thing should be that there are more then one party who starts bidding on PDP to raise the sp.

If you imagine some years ago it was around 26 then 0.85 cents is a huge ddifferance .IMO if they could sell the Argentinian stake alone wouldn't that be better?

About that ABCP paper .Is that all lost ?No way to get something back in time ?Why they took such a risk with their money.Isn't such paper not backed from government or banks .Don't know what that means such paper.If it's lost then once again a severe blunder to take such risk.It'sw not difficult we are at a sp like today.

So hoping on an sp above 3 is way to high I guess or is it possible in some scenario's.

If they get only 0.85 or at best something more will DG accept that?

If a buy out for some parts occurs can DG use that money to put in CLL?

Share
New Message
Please login to post a reply