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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: Bitbarrel

Jan 12, 2008 10:25AM

Hi Bitbarrel,

Assuming that the EUB approval comes in June 2008.

 The site preparation (which is quite large) will take about 3 months, to September, 2008.

 Then, it will take about 12 months to build the Algar site.  That will probably finish about September, 2009.  The commissioning and the gas to all well pairs will take about 4 months to the first of January, 2010 and then they may take the better part of that year to get up to 10,000 barrels a day.  

 What I've done here is just use similar timing to what Pod 1 has taken, starting at June 2008 with the EUB approval and it works out that Pod 2 will be producing 9 - 10,000 barrels a day sometime in the fall of 2010.

I hope this helps because by using Pod 1 as a guide, we can see that it takes some time to apply for and put a fully producing pod in place.

 Best Wishes,

 

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