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

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Message: cll poor stock

You're right about that.

But we know POD 1 is on line and ramping up.Pod 2 if all goes as planned starts end 2009.

For upgrading, MRC and the pipeline until now we have no data available when these projects will start.

For the upgrade of MRC will they built a complete new plant or using and upgrading the current plant?

If that is done this will increase their cashflow maybe better then a new POD .Has someone an idea what this upgrade could generate as extra eps if we take the current eps contribution from MRC now .

The pipeline is ok but that takes away the trucking cost.How much can they win by using a pipeline compared to trucking.In fact right now the amount is not so high but when they will have 20.000 bpd then the advantage of a pipeline becomes more and more important.

It should be good if we get a timeline for these two projects like we have for Algar.

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