Re: Shorts

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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spiderman8

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Re: Shorts

in response to

Re: Shorts

diggersam

posted on Apr 17, 2008 07:06AM

Thanks for the nbsp explanation, I was wondering too. I think reserves will go up for a few reasons. 1)Drilling 2) Price appreciation will move 3P to 2p and 2P to 1P which improves reserve return 3) Algar approval will move 3P to 2p and 2P to 1P which improves reserve return. Atleast I think thats how it works. 4) An unknown find hahaha

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