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

Free
Message: Re: CIBC on the CLL JV alternatives/Total buyout possibility

BJ

I wouldn't worry about Israeli shale oil competing with the oilsands. Our oil goes to the U.S the Israeli oil would probably got to Europe..

Another thing, would the Arab States allow Israel to develop their oil or go to war.I don't see the Arab States looking to kindly to competition..One must remember that many Arab States, particularly Saudi Arabia, Kuwait and Dubai enjoy the military protection they get from the U.S because of their oil. If Israel develops their oil then the West would no longer be too interested in protecting these countries.

Share
New Message
Please login to post a reply