It was just a nice dream with over $350 to $400 million price tag (Luke and Refinery + Capex).

As we know Connacher never use Luke`s NG or refined their own bitumen.

Interesting production numbers of the properties listed for sale.

Marten Creek (Luke) is listed with only 1180 boe/d, originally purchase with production about 3500 boe/d. CLL initial heavy investment in this property dried out in last 3 years costing production to drop to 1180 boe/d.

Batrum conventional oil is listed with 638 bbl/d and according to CLL reports this oil production was always about 1000bbl/d. This was very small but most profitable part of CLL.

It will be interesting to see how much money this will generate for the corporation. My wild guess is $70 to $100 millions. The more the better. Luke cost us about $250 millions ($92 million in cash and 30 million shares at over $4.5 each) +$50 million in Capex.