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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from another board .

posted on Jun 13, 2008 12:59PM

Word from 2 oilshow drilling fellows was that depth of Algar bitumen formation should translate to a 2.5 x to 3.5 x reserve increase.

Word also was that ALL permitting approvals in Ft Mac area now slower as government massages its balls from the shellacking it took over the 500 dead Suncor tailings pond ducks. All about appearances for the media weasels.

And finally, Great Divide just commissioned a new truck loading facility, sized for 25,000 bpd - so they have planned for Algar volumes already.

Money is literally gushing in to Great Divide, $10 - $15 million per month, NET. Minimum

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