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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: Algar

Re: Algar

in response to by
posted on Jan 21, 2010 12:33PM

If I remember correctly, with Pod1 Connacher purchased a lot of their equipment and contractual services ahead of time to mitigate construction cost increases. There used to be a slide about the % that was bought forward and the % that hadn’t been pre-purchased. This was part of their modular approach. It seems they haven’t included this in their newest investor presentation, but I' would expect them to have done this again this time around with Algar.

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