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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:Market--OT

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Oct 23, 2007 08:48AM
Rex, you're absolutely correct when you assummed that the steam injected wells will likely start producing bitumen around the end of the first week in Dec.---- Ramp up, according to Mr. G. will be faster than first anticipated, but could take up to 12 months. Although our CEO didn't want to be pinned down on a definite date for full production, he did hint at around early Summer of 2008, if everything went according to plan. The last time I spoke to him directly, he hinted that it wasn't out of the realm of possibilities, of CLL asking the Alberta Board for an ammendment, to increase the production from pod1 to a higher level than the 10,000 barrels per day.----CHEERS!!!
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