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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: Gustav follow up
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Aug 26, 2008 07:17PM

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Sep 02, 2008 01:06PM

DG can talk all he wants, Algar approval is out of his hands, it is just a time thing. He won't know until it is given. Production should be his baby with what he has now. He is losing all his safety valves. PDP, high oil and NG prices, refinery margins all of these are slipping. He has to produce more with what he has, until then SP will be in $3.50 to $3.95 range.


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