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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: Q2 Numbers
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Q2 Numbers

posted on Aug 12, 2008 12:17PM

These numbers are not good. 2C you are right... the production and profits have increased nicely when compared to previous quarters, but that was expected and easily calculated. The shocker is in the net income.

Record oil and gas prices and revenues were only 6.6 million. Hate to say it, but without the spike in oil prices Connacher would have posted a loss.

Re: Q2 Numbers--2CRUDE

2violins
Aug 12, 2008 01:05PM
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