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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: Co-generation Plant

Co-generation Plant

posted on Mar 10, 2010 06:37PM

Does anyone know for certain if the co-generation plant will be totally completed and operational in the next 40 days, when the Algar plant is finished and goes online? Since the co-generation plant is being built as a separate facility are we to assume that it will be completed on time with Algar or at a later date? If nobody knows for sure we need to watch for any mention of its completion date in the quarter one update which will come with the 2009 Yearly Report or perhaps someone can ask during the following Conference Call. Remember the co-generation plant will sell excess electricity into the Alberta power grid for extra cash. Since Algar will not be producing it's total complement of steam from day one onward that should amount to a lot of electricity for sale.

Best wishes; Scott

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