Connacher Oil and Gas

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in response to KINGY2's message

Hi Terry

Well it looks that the bad Q4 figures were priced in so far because reaction is almost zero.That's a good thing.

This is what I just read on St.h.

New well pairs just being ramped up, new in-fill wells added since late 2013; 9 new in-fill wells planned for 2014 - this should bring production level in the 18,000+ bpd area within a few quarters. At these levels, things are much better, especially with oil price above 95 $/bbl (closer to $100 these days), stabilizing nat gas price, and CLL sustained efforts to maximize netbacks, 2014 is the year for the turnaround towards growth and profitability.

So they are planned for this year don't know when they will come on line but if the writer his assumptions are correct CLL should perform better and hoping start an uptrend now.

Can't be that long before we get a partial news about production for next Q's to come.

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sharky
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Connacher Oil and Gas
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