Re: Montanna Refinery expansion has been considered.

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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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BKM8572

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Re: Montanna Refinery expansion has been considered.

in response to

Re: Montanna Refinery expansion has been considered.

bbqdays

posted on Apr 26, 2008 06:11PM

bbqdays:

As Connacher is using the Montana Refinery as a hedge and not as a refinery to process their their own bitumen, it would make no difference. The output of the Great Divide could continue to be refined under contract in Alberta and then one refines an amount of corresponding heavy oil at MRC so as to hedge the cost of the tollage refining of Great Divide production in Alberta.