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: Re: Sharky
3
Apr 30, 2008 06:54AM

Apr 30, 2008 07:36AM

Apr 30, 2008 08:00AM

Apr 30, 2008 08:00AM

Just watched the video.

Dick is feeling pretty comfortable for the future though he mentioned not something new.Maybe most important is that he need no extra cash for this and coming year.

Let us hope we will have some news at what price they sell the bitumen.

Normally with such an oil price they must earn more cash then 2 years ago when they designed POD 1.So in the upstream phase things must be very well .MRC however could be less .

I also remenber they use about 2/3 of the total gas production from Luke.If I'm right gas price is up so they can sell the rest at a good price.

Once Algar is on line they will not have enough for 2 POD's or they could drill more wells to accomplish the need for the 2.


Apr 30, 2008 08:46AM

Apr 30, 2008 02:27PM

Apr 30, 2008 10:56PM
1
May 01, 2008 04:34AM

May 01, 2008 05:57AM

May 01, 2008 10:08PM
Share
New Message
Please login to post a reply