Welcome to the Connacher Oil and Gas Hub on AGORACOM

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: In todays

markets it seems that nothing has a value anymore.

Selling is the main focus regardless if the company is really in a bad shape or not.Desoite saving plans nothing seems to stop this mess.

Though CL has reported a good news it didn't prevent a 6 % drop in sp.

The more banks came in trouble if they are related in some way with others the rest follows because people look only to the diving stock and forget to ask them self if the company is really in such a bad shape to reflect that sp.

During my period as an investor I never have seen such an extremily action but what woriies me most is that it's the financial sector that is in the greatest trouble and not like on other shocks like oil disruption etc..which could be solved very quick.

To me for us in the oil sector most important is that the oil price will stay at a decent level .The Chinese and India's economy I think could help us the most because they are in large numbers .

About these pump they have used .Could it be they were testing this for their plan they have in mind to go for the 12.000 bpd they told on a meeting.That would be easy to do with a minor cost .


Sep 29, 2008 08:50AM

Sep 29, 2008 09:54AM
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Sep 29, 2008 10:53AM
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