Re: Answer from DG about Algar

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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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BKM8572

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Re: Answer from DG about Algar

in response to

Answer from DG about Algar

bruun

posted on Jul 17, 2008 04:40AM

Though RG seems to be getting a little testy over the delays, the obvious indication is that we can anticipate Algar approval in Q3'; ie not later than end of September. Considering the normal performance of typical governmental bureuacuricies, I do not find this terribly surprising. A little more patience. I am sure RG and Connacher staff are all as frustrated as the share holders!