Re: TESTING

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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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BKM8572

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Re: TESTING

in response to

Re: TESTING

OilSands08

posted on Dec 09, 2008 07:38AM

OilSands:

Personally, I take hope from the fact that I do not think OPEC will continue pumping current volume at these prices. It is my belief that they will cut production adequate to get oil at a nominal $65.00 to $75.00. And at that range, we are OK. Now, lets all hope I am right. Much above such a price would, I believe, be catastrophic for demand and therefore the price.

Brian

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