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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: Meeting today

Aug 13, 2008 04:11PM
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Aug 13, 2008 10:43PM
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Aug 13, 2008 11:49PM

Aug 14, 2008 01:45AM

"...And the best for me as a long-term shareholder...

- "we have the funds available to finance our growth without consequential dilution and with our growing cash flow we anticipate achieving our mid-term target of 50,000 bbl/d of bitumen production by 2015" (=> this means that in the end they plan a production of about 100,000 barrels/d, probably by the end of the next decade. If that happens, I can retire when I'm only 47 years old :-)."

I'd never caught that before. Is that a mis-speak (or misinterpretation), or are they really gunning for much more than 50kbpd? Thanks for posting the information.


Aug 14, 2008 04:52AM

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Aug 15, 2008 06:54AM
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Aug 17, 2008 11:57AM
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