Re: 4th quarter and 1st quarter estimates Oilsands only - Jurek
in response to
by
posted on
Feb 22, 2010 05:26PM
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
8500 from GD and 6500 from Algar. Will give about 11 cents net cash flow.
6500 is IMOa bit to high.If they end in April construction then the commissioning and the 3 months heating then it's almost winter time again.To ramp up to 6.500 is probably high.
Or with some luck pod 1 at 9.000 or a little more and Algar 4.000 + a bit .
But are we sure all well pairs will be fine and they don't need extra pumps ?Perhaps they use better pumps then the first ones at pod 1 that would be ok and minor cost.