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: CLL POD 1 additional 5,000 to 8,000 bbld

I have posted here a few times about gross revenue increases. This should now bring between $17M and $19M revenue into CLL during April. We don't know if it is longs buying or shorts buying, it doesn't really matter, but people are buying. I think it was Rubin from CIBC that has indicated Energy stocks undervalued by about 35%. If the ramp up holds to form we should exit April at around 8000-8500 bbl/day and maybe grab some of the 35% undervalue Rubin indicates. Conservatively the SP should exit April around $3.65 and aggressively $3.90.

Share
New Message
Please login to post a reply