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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: Tough to figure this stock out
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CLL plans are 7200bbl/d average POD1 production for 2008. This will generate free cash flow of $30mln ($0.15/sh) minus tax which will lower the earnings per sh.

Ok let's take these numbers.

So how much can we take for MRC ,Luke and rest of conventional ?

Any idea for that?

Some have already predicted a 9 $ by end this year but i don't think it's possible .I'm more cautious .Will be glad to see 6 .

Interest charges are to high and if Algar is running this could be divided over 2 plants + if MRC is upgraded then things are becoming much better.

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