The Press Release states that Connacher is in the process of completing two new infill wells at POD One (next to its best producing well in the chamber) which will undergo steaming for 3 months and then they will go on production to add to Gread Divide's total production which will be higher than the 10,000 bbl/d original design capacity when they are in production.

"We are in the midst of drilling and completing two new infill wells at Pod One which should, after an approximate 90 day pre-heat and steaming period, come onstream and start to impact favorably on production levels. These wells are located in proximity to what is to date our best well within Pod One. This anticipated production growth will be aided by the planned installation of at least four new electrical submersible pumps at chosen well locations in Pod One, which not only enhances productivity but also allows us to reduce steam requirements on these wells and for the project on an overall basis. We have a total of nine pumps in inventory so additional installations are anticipated. "

It is also encouraging that Connacher is currently producing nearly 7,000 bbl/d of bitumen and 4 more ESP's (electric submersible pumps) will be installed to lower the SOR thus reducing costs even more.

Cheers; Scott