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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With a severe slowdown in mind oil has dropped to 50 % of earlier price top.Though markets think Opec wil cut production they are not confident that Opec memebers will stick to their predictions.
For us shareholders in CLL it's better we could hold at these levels but on the big picture so far we could not be sure this level will be the bottom.