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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: Production

Production

posted on Nov 25, 2007 04:42AM

Has anyone seen an update on the production of Pod1? I have heard of a few different time frames for full production. I know steaming should be finished around mid next month (Dec), but not sure how long it will take to ramp up to 10K per month. Also looking forĀ a site that shows the current price of bit vs wti, with oil tracking close to 100 it is my understanding that bit has not seen much $ appriciatio as of yet and might not.

PDP took a hit, but should bounce back. Should not be an issue since CLL did not sell, only problem could be if it was used as colleteral, but I do not think that is the case.


Nov 25, 2007 05:43AM
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