Re: Oilsands hopes float, but projects still on hold

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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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bbqdays

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Re: Oilsands hopes float, but projects still on hold

in response to

Oilsands hopes float, but projects still on hold

cameron07

posted on Jun 02, 2009 09:38AM

"Schmidt is also president and chief executive of private Laricina Energy Ltd., a company with two proposed in situ oilsands projects, potentially producing 350,000 to 400,000 barrels per day from a four-billion-barrel resource."

Sounded like an interesting company, but they're not publicly traded. I wonder how they're going to finance their projects?

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