Re: Fools Paradise

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

bbqdays

Rank: Treasurer [?]

Points: 2006 [?]

Votes: 19 Score: 2.7 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Fools Paradise

in response to

Fools Paradise

Road_Warrior

posted on Apr 16, 2009 08:55AM

Excellent well-researched message Scott, thank you.

"on Page 33: "While work will continue on Phase II [Long Lake] , we will wait to sanction it until at least 2010. By then we should have greater clarity on a number of fronts: Phase 1 performance, the economic environment and proposed climate change regulations.""

I don't understand what "sanction" means in this context. Does that mean they will build it but not actually start it up until 2010? It sounds like a slightly similar situation to Algar,

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply