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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: Re: Presentation Question

Jun 17, 2008 05:48PM

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Jun 19, 2008 12:49PM

I'm sorry to belabor the agony, was trying to let this drop but if I may clarify ...

My original question wasn't about the cause of the 2011/2012 dip, or to complain about the dip ...

My question was why 3PP (higher estimates) predictions were lower than 2PP (best estimates) predictions. I was comparing the two charts, thinking 3PP should produce higher estimates than 2PP. <- Bold not to be rude, but to clarify my confusion.

I believe Jurek provided a great explanation that the higher 3PP numbers trigger the royalties (hope I didn't misinterpret your comments J). If I'm still confused, never mind. Thanks for trying.

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