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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Message: new money found

Brian

Hope not.At some point this stock must start moving .

With in mind a better production level on Algar and hopefully also for pod1 .With oil in the lift again that must improve the cash flow compared to previous Q's.

Just wondering if they are lucky to sell theri assets.With the PDP disaster in mind with CLL and same CEO I wouldn't be surprised..They have a less solid ground posistion compared to the years before the crisis .But all by all looking backwards it should be normal that the sp moves higher now.End of July this year we were at 1.5 and before at 1.85 .But at that time production was lower so at least with production up this sp could be reached again in 2011.So far my expectations is 1.85 .Right now I don't see a higher level or some more positive actions must occur.

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