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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: Just a few numbers

Re: numbers/spide/jurek

in response to by
posted on Sep 10, 2008 01:43PM

I looked over all the info you gave me regarding NG pricing. I also made some adjustments with bitumen and conventional. 3rd 1/4 I came up with .157 cents per share. I also looked into refinery and we can probably expect .039 per share for 3rd 1/4.

4th 1/4, I came up with .174 and .043 from refinery. Indicates second half will be .413 cents per share cash flow. This would put CLL squarely in $4.00 $4.50 range.

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