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

Oct 08, 2011 03:27PM
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Oct 10, 2011 09:37PM

Your anecdotal $35/bbl bitumen does not even cover the operation expanses and interest payment.

Where exactly does this $35/barrel number come from? I seem to remember reading this number in corporate presentations from two or more years ago, possibly from as long ago as 2007. But the external and internal operating environments have both changed. Is this number supported in any recent communications from the company?

1
Oct 11, 2011 10:57AM
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