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: 1 paragraph in the News has me worried...

sharky

Partnerships come in many types depending on the partner.

No matter the relationship, the investment must be paid back in 10 years with no share dilution - each POD stands by itself and will be self-sufficient to cover the payback and interest or profit share.

For example, one partnership can be that the partner receives the greater of 7% interest (on their investment balance) or 20% of the net profits (the %ages can be adjusted to make economical sense to both parties).

Another type of partnership could be an end user who can buy the bitumen at reduced prices for a certain number of years as we paid down their investment.

Or we can partner with a company whereby we want a minimum annual royalty plus %age of net profits and they basically lease the POD from us.

These are a few types I was thinking about that would instantly provide cashflow and have CLL still be the owner of the land and reserves.

Booster

Share
New Message
Please login to post a reply