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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: POD1 net cash flow
3
Jun 01, 2008 05:55PM

Jun 01, 2008 10:42PM

Good job Jurek.

But at 2010 may we not count on Algar production by then ?

2010
120(E)
62
20
10,000
17
70
0.32
40

If we take this timeframe from their site.



Is it possible to calculate based on this timeframe?

Some guesses about MRC and Luke ?If I'm right they need about half of gasproduction from Luke for POD1.

If you could fix that what sp/cashflow can we take ?*10 or *15 ?

Based on *15 and only POD 1 which gives

2008
120(E)
62
37.5
7600
31
100

0.45


1

0.45 *15 = 6.75 for POD 1 alone.excluded MRC,LUke and share part of PDP perhaps.

So maybe 9 is a reasonable possibility .Right?






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