Welcome to the Connacher Oil and Gas Hub on AGORACOM

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

Free
Message: Tough to figure this stock out
Reply New Message
Prev Message Back To Forum Threaded View Next Message

High debt, weak economy, tax issues, and unproven firm. Once CLL get P1 up to full production and P2 ramped up things will change

That's true but it will take more then a year from now.

Some questions.

  • We have production now but also a cost price from the NG used to get the bitumen out of the ground.I would like to know how much barrels they need to cover NG + operation cost.The rest is extra cash flow IMO.
  • If Algar is on line they need more workers to operate.

    Question is do they need the same amount if we exclude bureaucratic personal and staff.So once this site is on stream the cost for their workers could be decreased for operation cost as well.
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply