Revenue of $1,300,000/day

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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skyhigh1

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Revenue of $1,300,000/day

posted on May 27, 2008 12:03PM

At $130 oil and Connacher already pulling in over 10,000 BOE/Day, they are generating revenue of $1.3 million/day. That is amazing considering where we were a year ago. If it drops any lower I may have to buy some more even though I am very heavily weighted to CLL right now. Should be easy money in the next year.