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: Revenue of $1,300,000/day

May 27, 2008 12:03PM

May 27, 2008 12:52PM

May 27, 2008 06:12PM

We are easily hitting 1 million a day with conventional oil, NG and bitumen. That $1 M, does not include refinery or PDP. $1.3 is a stretch even if bitumen was being produced at 10,000 bbl/d.

Stocks even with good companies are still undervalued in todays climate of investors playing it safe, and CLL is in that boat, IMO. If you want to make money, let the SP drop and then start buying again as it starts to creep up. 6-8 weeks away from reserve and Algar appovals which will bring the SP higher and to a new support level.


May 28, 2008 12:17PM
Share
New Message
Please login to post a reply