Re: CLL sesitivity to Oil price

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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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rebels1

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Re: CLL sesitivity to Oil price

posted on Oct 11, 2011 12:35PM

Ok....Either way I think royalties are based on price so if price of bitumen goes down so does the amount of the royalty.

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