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: CLL sesitivity to Oil price
2
Oct 07, 2011 02:23AM
2
Oct 07, 2011 10:01AM

...you want to convince people that Connacher is lying.../rebel

Note from the road...

I am not trying to convince anybody. My numbers are the Connacher numbers provided by the management and based on up to date Bitumen prices which obviously include the exchange rate and the spread to WTI.

I am only suggesting that you have no idea what you talking about. Your anecdotal $35/bbl bitumen does not even cover the operation expanses and interest payment. Never mind maintenance OPEX and the G&A expenses and others.

Best regards, jurek.

1
Oct 10, 2011 09:37PM
1
Oct 11, 2011 10:57AM
Share
New Message
Please login to post a reply