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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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Message: Re: Investor anger is beginning - Globe & Mail

...institutions are pleased with the recent moves by CLL...posted by Rebel ( who stand by his man Dick like his good wife, unconditional love, no mater how many affairs his partner had).

This is what one of the institutional investor had to say today:

...We view these departures, particularly the COO, as a negative development
which could hamper the company's existing operations, growth
execution, and attractiveness as a JV partner or takeover target.

We suspect that the departures are the result of diverging views regarding the strategic direction of the company as Mr. Sametz had previously been announced as the successor to the current CEO.

We view the loss of these senior individuals as a substantial setback in both the operations of and potential sale of the company, given the technical and business backgrounds of the departed.

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Jan 06, 2012 07:54PM

Jan 06, 2012 08:42PM
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Jan 07, 2012 10:57AM

Jan 10, 2012 11:39PM
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