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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: Hedges
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Hi Jordan,

I have mixed feeling with selling PDP at 20. I see it as a diversifying instead of just oil sands. since it seems that we have no light oil, it made sense to hold pdp. Imagine if Argentina did not screw us up, pdp now will be around 40 and would have been a big oil company in no time, that would have helped cll.

But I do agree with the rush to buil algar untill until cash flow was positive from pod 1 and build algar from cash flow and no $600 debt and no dilition.

But PDP maybe our savor now ,if colombia can come online as fast as argentina. just my MHO

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