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: dead money for a while?

It should be a slow mover. With production consistently around 7500 bbl/d and investors/traders buying low price to earnings the SP will languish. All DG's words can't make production go up. He has, since day one of GD production, been saying that "next quarter production will be near design capacity". This is a common theme for him but the production doesn't get there. The buying of PDP shares may turn out to be a good move, but it definately wasn't in the budget. I think he is banking on Algar.

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