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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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Message: Re: Bourses
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Feb 24, 2009 01:44PM

Brian

You're probably right and most is true what you wrote.Things were getting worser at the time DG was searching for a financing deal but indeed who has thought oil would be below 40 $ again some months later.

If oil was stayed at around 60 that would be better then now at 40.

Alberta government can do something to help the oil sand industry but will they ?

Maybe sp is also reflecting a joint venture or some kind of deal with a larger partner after Total 's recent bid in the sector.





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