Re: Third Quarter Predictions
in response to
by
posted on
Nov 04, 2008 11:25AM
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
Hi Jurek
Yes Q3 could be their best so far but though price for bitumen has dropped they have in place some higher output for Q4 .Can you figure out if we take current bitumen price and a steady flow at latest output around 9500 average what this could be for cash flow.
Also like Road Warrior suggest MRC numbers for Q4 could be some better for next Q also maybe better then the fifures for Q2 last.
What do you think?