Agoracom: Small Cap Investment - Connacher Oil and Gas

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

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Either way shareholders are screwed

believe in CLL

Dec 08, 2011 12:49PM

Re: Either way shareholders are screwed

sharky

Dec 08, 2011 01:04PM

TAKEOVER

Dec 08, 2011 01:58PM

Dec 08, 2011 02:13PM

Dec 08, 2011 02:46PM

Dec 08, 2011 02:54PM

Dec 08, 2011 03:44PM

JYD26

Dec 08, 2011 03:53PM

Re: TAKEOVER

moondog16

Dec 08, 2011 04:00PM

littlemoney

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Re: TAKEOVER

in response to

Re: TAKEOVER

moondog16

posted on Dec 08, 2011 04:26PM

OPTI

Production ~8,500 bbl/day

Proved and Probable reserves ~ 729 million

Buyout ~ 2.1 Billion (2 Billion of debt +0.1 billion to shareholders)

CLL

Production ~14,000 bbl/day

Proved and Probable reserves ~ 500 million

My Buyout guess for CLL is 1.7 Billion (1 billion to debt 0.7 billion to shareholders, 1.55/share)...based on OPTI numbers and other recent acquisitions in the oil sands this seems very plausible.

1 Recommendations

Re: TAKEOVER

sharky

Dec 08, 2011 04:36PM