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: Thank You Jurek


As Nat gas prices contnue to improve, which they are forecast to, Connacher will generate greater revenue and margin from their NG sales to third parties and as their costs for NG are at least semi fixed, their margin will improve with resultant positive profit impact. Additionally, I would assume Connacher plans to continue to expand their development of Nat Gas reserves. Both for reserves as a hedge for needed gas for increasing future GD requirements as well as additional incremental revenue and profit for the Luke subsidiary.

Brian



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