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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: 50.000 by 2015
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May 23, 2008 05:40AM

I've been thinking about that based on the agenda we have from llatest update on website.

So I took

for 2008 10.000

by 2010 20.000

so we built on these event and they do it the right way for third POD let's assume another 2 years more so 30.000 by 2012

2 years later 40.000 by 2014

But to reach 50.000 by 2015 with same timetable not possible.

Could it be he has in mind the so called POD1 A and who knows another upgrade for Algar.Then 50.000 could be done .

I would like to see if they go for the POD 1 A which could be done with minor cost according to latest update.

Or for the missing 10.000 by 2015 does he count on the conventional output too ?

In fact if POD 1A could be done in my opinion they should focus on that point first rather then go for POD 3.This could give CLL the advantage of creating more cashflow with low cost on construction.Maybe also a shorter term to get approval because most of this project could be with same installation .






May 23, 2008 06:27AM

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