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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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Message: Re: Paying down debt - Scott, Sharky, Spiderman & Dondon
4
Jan 10, 2010 11:14AM

Jan 10, 2010 12:24PM
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Jan 10, 2010 03:05PM

Krissy

I never said they didn't have a lot of debt. What I do say and maintain is that IF, Algar comes at least close to its plan. Cash flow will not be a problem. Do your cash flow at 15,000 bbl/d upward to 18,000 bbl/d of oilsands only, which is what it will be at 1 year from now, actually a little sooner.

Thank you for your replys.

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Jan 11, 2010 02:01AM
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Jan 11, 2010 12:34PM
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