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: Re: Annual Report - Reading Between the Lines/Westcaster
?
1
Mar 19, 2009 03:59PM
2
Mar 19, 2009 04:42PM
3
Mar 20, 2009 05:09AM
2
Mar 20, 2009 09:21AM

Very good post Westcaster.

One thing we have to know is that selling CLL non core assets is not that easy. ALL except PDP is taken as collateral by $600 million NOTE holders.

CLL would have to reopen the negotiations and most likely to pay 3 years interest to the NOTE holders (about $250 million).



2
Mar 20, 2009 11:47AM
Share
New Message
Please login to post a reply