Since you asked,

I read the release as excellent reassuring news for Connacher. The pre-funding (with the understanding interest payments aren't fun) is looking like a brilliant move at this point. Smaller companies without funding are getting crushed in this market, and may be looking for partnerships.

The only confusing part to me is "This is particularly true in the present operating and pricing environment, with heavy oil differentials at very low levels due to the delays in the commencement of significant new industry volumes of bitumen-based production." ... not sure what that means, especially with respect to MRC. Sounds like a good thing though.