Agoracom: Small Cap Investment - Connacher Oil and Gas - Re: S&P cuts Connacher to 'B', may cut further

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

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S&P cuts Connacher to 'B', may cut further

walla123

Feb 13, 2009 07:15AM

Re: S&P cuts Connacher to 'B', may cut further

jurek

Feb 13, 2009 09:11AM

Re: S&P cuts Connacher to 'B', may cut further

Booster

Feb 13, 2009 10:31AM

Jurek-Debt Ranking

Booster

Feb 13, 2009 11:06AM

jurek

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Re: S&P cuts Connacher to 'B', may cut further

in response to

Re: S&P cuts Connacher to 'B', may cut further

Booster

posted on Feb 13, 2009 11:33AM

Yes, I can see this.

$600M CLL Notes holders are first in line. They are secured on all CLL assets like Luke, MRC and Oilsands (except PDP). It appears that PDP is the only liquid assets here.

WTI Oil finish the week on the positive note at $37.9 , Bitumen at Hardisty Alberta was quoted at about $22 yesterday. Alberta NG spot price at $4.8

TSX Energy index flat today and CLL in line with the index.

Canadian and US markets are closed on Monday.

Have a good long weekend.

1 Recommendations

Re: S&P cuts Connacher to 'B', may cut further

armstrong

Feb 13, 2009 12:42PM

Re: Jurek-Debt Ranking

armstrong

Feb 13, 2009 01:23PM

Resolute Fund