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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: Institutional Investors

When you look at the latest information on the number of shares held by institutional investors the results are a disaster for Connacher with the lowest number of shares held by institutional investors that I have ever seen in the last couple of years.

According to Reuters on November 8, 2011 the number of shares held by institutional investors is as follows:

Institutional Holders

% Shares Owned: 13.44%
# of Holders: 29
Total Shares Held: 60,255,178
3 Mo. Net Change: -42,396,091
# New Positions: 2
# Closed Positions: 3
# Increased Positions: 6
# Reduced Positions: 14
# Net Buyers: -8

http://www.reuters.com/finance/stocks/financialHighlights?symbol=CLL.TO

According to Reuters on October 1, 2011 the number of shares held by institutional investors is as follows:

Institutional Holders

% Shares Owned: 20.29%
# of Holders: 28
Total Shares Held: 90,943,091
3 Mo. Net Change: -1,480,148
# New Positions: 3
# Closed Positions: 8
# Increased Positions: 8
# Reduced Positions: 16
# Net Buyers: -8
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