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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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Aug 14, 2008 09:04AM
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Aug 15, 2008 12:15AM

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Aug 17, 2008 11:44PM

It looks that cashflow would improve at around mid 2009 based on these charts but net revenue will go down further until end 2009 .After then a recover for a while and then back a slide below zero to recover again in 2.014.This seems to be for the SAGD only .

What could be the cause of that ?Expansion cost etc..

I also don't understand well why if cashflow starts growing seriously after 2014 why net revenue is showing a decline after a peak in 2016 based of the 2 p chart?

Jurek claimed that cashflow is the more important to drive the sp so if things go like on these charts after mid 2009 we must see finally a more stronger performance in sp growth or am I missing something.






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