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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: Taken from Stockhouse by TheRock07-Estimated 2009 Cash flows

If you listened to the conference call, Algar is absolutely not in mothballs, it was referred to as being in hibernation until the economy stabilizes. Smart move in my opinion, as who would have thought we'd ever be below the lowest estimates of US $45 WTI in all of Connacher's presentations?

Something else interesting in the call that I haven't seen mentioned yet, is our goal is still 50k barrels per day in 2015. Possibly I'm not clear on what that means. Is that 50k boe bitumen, or does that include conventional? Hmmm ...



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