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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: Incredible!
After reading your response, I see that you've divided up the company's business into categories.---When I did my calculations, I kept it fairly simple.----CLL had netbacks, (for the last 12 month period), of 23 cents per share, which of course means, after all expenses including tax's.---I then went along with managements release which stated that the tie in would occur in early first quarter, and would essentially double production on the conventional side.---This would put CLL close to the 5000 bpd est.----I then stated that if we're at the 1000 bpd level at the Great Divide, the additional production would give us an average of about $40 per barrel net, and I'm getting the $40 netback again from managements release, which also stated that they will likely be around the $37 mark net, in the Oilsands part of their business.----Remember, all costs, and taxes already been included in the $.23 per share net released for the last 12 months.----Royalties haven't been administered as yet, and until a certain point in time shouldn't be used in any calculations.----Once  the tie in occurs, then my point is that with the 1000 bpd and conventional production added, that should cover over 73 million in interest.----Thanks for your opinion Jurek, much appreciated.----CHEERS!!!
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