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

Free
Message: Slide show

Slide show

posted on Jun 10, 2009 12:21PM

well I'm impressed,@$65 WTI profit is $24x10000 about $85million yearly,Algar once started will be 13months away from production (sometime in 2010)or $170milion and as pods are added well calculating gets a bit heady,especially when one beleives $65/bbl is behind us ,methinks by the time Algar comes to production WTI will be in the $150/bbl range so I beleive Connacher will have $300-400 million more than enough to finance further production,just think all that in less than 2years if Algar startup begins this summer???? AIMVHO :-)


Jun 10, 2009 12:35PM

Jun 10, 2009 12:54PM

Jun 10, 2009 01:59PM
Share
New Message
Please login to post a reply