Moving Forward

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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spiderman8

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Moving Forward

posted on Sep 03, 2010 03:17PM

Production of 7200 bbl/d average for GD for the year seems unlikely, I think more like 7000.

Algar seems to be producing a little more then I expected.

Exit rate for 2010 might be about 8200 bbl/d for GD and 6000 for Algar. That would be pretty good.

Hedge and swaps they have in place for first 3 months of 2011 look pretty good also.

SP way undervalued because of lack of production and over abundance of hiccups.

SP of a lot of companies seem to be low right now as evidenced by the premiums being offered in takeovers.

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