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: Scotia Banks Prediction

Has anyone considered that certain parties who are well heeled", might find this an opportune time time to acquire currently distressed oil sands properties? The reality is that this period will also pass. In terrms of the mid to long term, the overall price trend will reflect upward bias.

With specific reference to Connacher, this is a time to hunker down, cut costs to the bone and live to fight another day in a more favorable environment. Unless one assumes that we are at the gates of armageddon, there is no other prudent choice.

Brian

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