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: Re: CLL in the Oil and Gas Inquirer
6
Apr 13, 2009 05:11PM

from the way Connacher reacted to bbl/$35 with a production cut,I beleive management is prepared leaving only the i's to be doted and t's crossed,and as DG points out a stabilized price above $50/bbl will see a start to Algar,not too much to expect given upcomming spending for infrastructure and the increased DEMAND for Oil and its derivitives??

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