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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: Meeting today

Aug 13, 2008 04:11PM
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Aug 13, 2008 07:29PM

Aug 13, 2008 07:34PM

Aug 13, 2008 10:43PM

TNX to Brian too from my part.

So from the update Algar will be approved by October.Do they have no delay with that on their agenda then?

I also have seen some upstart projects in the company I work so there are always problems to solve and things to learn how to handle it at best so I also didn't expect a quick output at full speed.

MRC seems to be the most important in loss I think,but this could change now because oil is lowering.Somehow it's strange to figure out what is best.If oil drops significantly then MRC could have some better results but then the SAGD production is hurt by lower WTI price.Hard to find out what he best scenario is.

Maybe for calculations for end this year a 9.000 average could be used with some lower operation cost due to better handling IMO.

Well Esch hope for you they achieve the 100.000 bbl/p by end next decade then you could go on vacation and tavelling around when you quit working.Sadly enough I 'm 63 by then .Wich I could change with you.

What I still didn't like was the fact that investors like Raymond J. and others seems to be aware of problems because they starting selling days before results.How they get this info ?


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