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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: Estimated Cost of the 24,000bbl/d expansion project

I was just looking at the Oilsands Developers website and it has the estimated cost of Connacher's expansion project stated as $875 million dollars with the startup date listed as 2014. It will be interesting to see how management will arrange to finance this. I didn't think that the estimated cost of the expansion would be this high.

http://www.oilsandsdevelopers.ca/index.php/test-project-table/

Cheers; Scott

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