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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: Pipeline
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Dec 25, 2007 09:14PM
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Dec 26, 2007 01:37AM
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Dec 26, 2007 03:17AM
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Dec 26, 2007 04:23AM

sharky raises a  good/ important point about Bitumen Transport... i.e. Truck or P/L?

Not likely  IMO, CLL would have to entirely buid their own Pipeline....

For those who know, please ignore the following, but to those here who don't....  independant Commercial O&G Pipelines are VERY lucrative to their S/Holders.

No doubt  while our Production Ramps up, we will have no option, but to Haul to the nearest P/L Terminal we can get access to.  When on the other hand, the Pipeline / Transmission Companies  see what they are missing ($$$$) they will be "very pleased" to take the Fees they could chargeCLL on a Contract, by building  near Site Terminal - This will only happen of course when the production Volume justifies such. It's an "I'm from Missouri" for now.

 I know,Mr. G is a savvy  Oil Business  type, with a great Track Record, and he  will be surely following up on this important Transportation cost aspect as a way to limit future costs...

SB 

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Dec 26, 2007 12:14PM
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