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

Free
Message: For Those Who Are Nostalgic
Reply New Message
Prev Message Back To Forum Threaded View Next Message

That's a good question, but I would consider the average price. If break-even is around $50, we could conceivably break even if the price dropped to $40 for a couple months, then bumped back up to $60 for a couple months.

Still ... there are so many variables involved, it's pretty hard to pick a solid number without some stability in the marketplace for a couple of quarters I would think.

I like your question though, and would also appreciate hearing predictions.

Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply