Re: $50/barrel line in the sand
in response to
by
posted on
Nov 15, 2008 12:11PM
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
The $50 is with Algar up and running (spread cost out over 20K+ production), Algar is over a year away from production, so break even is significantly less then $50 in the meantime