Welcome to the Connacher Oil and Gas Hub on AGORACOM

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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Sorry my last post should read

$6.40 to $6.70 Cdn , so Connacher would have benefitted from this costless collar wouldn't it? Connacher's selling 2/3rd's of the natureal gas that it produces to pay for the natural gas that it burns at Great Divide is a wash. The remaining 1/3rd of our natural gas production that we have surplus to our needs that we sell we sold for a minimum of US $7.50 (until tomorow). So it appears all good to me.

I think that the integrated model is working well enough until we reduce the SOR enough to consume less natural gas and increase our surplus natural gas sales which is occurring right now.

Cheers Scott

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