Pipeline

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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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Nick911

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Pipeline

posted on Dec 25, 2007 09:14PM

In the Fort Mac area, many are suggesting the limiting factor to CLL right now is the lack of a pipeline. Suncor's new Voyageur upgrader is slated to be fed by some third-party bitumen, anyone see a possibility of Gusella piping his dillbit 100km north to Suncor? Makes sense to me. How about a combined pipeline with JACOS, or tapping into Opti's line?

Also lots of rumbling about a possible PBG takeover of CLL, likely propogated from Stockhouse, anyone see any value in these claims?

Spoke to a friend in the know in Calgary who works for a major player down there, says Petrobank's THAI technology is still years away, as it is still too volatile and difficult to control, can anyone assess what a PBG takeover of CLL would look like for the shareprice of CLL? I'm thinking of dumping some CLL for some PBG, especially with PBG's upcoming drilling in the Saskatchewan Bakken formation...