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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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Message: Re: CLL debt level

Aug 16, 2010 03:11AM

Aug 16, 2010 07:13AM

Jurek

The financial show

Long-term debt $888,323 ( 2010 ) $960,593 (2009)

How do you come to your conclusion? Are you saying that the number reported is entirely due to fluctuating rates etc? It would make sense that the higher the CDN dollar the lower the debt would show if the current exchage rates is assumed in the calculations.


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