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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/PDP/GTE transaction

Jan 18, 2011 01:40AM

Jurek

Thank you for this post. It underscores the central point that Connacher did not get rid of the trememdous potential it had with Petrolifiera, it just got rid of the headache! If Gusella still believes that the holdings that Petrolifiera had in Peru and Columbia have the potential for a major discovery, Connacher will hold on to the shares. Once this deal is complete, Connacher will have much more flexibility to use this asset.

Martin


Jan 18, 2011 02:04PM
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