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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: Re: asset class

Mar 16, 2008 06:02AM

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Mar 17, 2008 01:55AM
I think if they are getting good netbacks or better then average they should keep it to themselves as long as possible. As soon as other companies see what they are getting (assuming it is good) then the good deals fall by the wayside. They will come out with netbacks soon. DG does not need a high SP right now. They have their financing, they are ramping up. What they need next is POD 2 approval and Randal NG to come on line. Everything else is falling into place.
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