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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: Re: Why Market Reacting Negatively /Q1 ernings

Hi Sharky.

I have no much prediction for tomorrow. I do not expect any major news tomorrow exept increase production from the POD1 which is already in the public domain. The same with the netbacks.

IMO If the WTI OIL is flat the CLL SP will be flat. If the oil will go to correction mode as it should the CLL SP will go lover. $4 have a good support and there is good resistance at $4.6 but who knows.

spiderman

If you are overly optimistic about everage weighted production you can multiply the numbers by 10 to 15%.

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