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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: CLL hedging?

Sep 10, 2008 08:04AM

"2Q stated hedge at $60, how far forward do those hedges cover and were you able to place higher hedges thru 09 at higher prices when WTI was higher?"

Sounds like a good question, considering the wild fluctuations of late. I'll have to listen in later.

In reference to the MiddleEasterners, OPEC cut production 520,000 bpd today (http://news.yahoo.com/story//afp/200... ) . The article says the Saudis wouldn't mind oil below $100.


Sep 10, 2008 11:14AM
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