Re: $50/barrel line in the sand

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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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denby45

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Re: $50/barrel line in the sand

in response to

Re: $50/barrel line in the sand

diggersam

posted on Nov 14, 2008 08:15PM

I believe the $50 break even quote is in reference to the future when production from both pods = 20,000 and operational costs are spread across all units. As clearly pointed out by Jurek they are not and can not break even today at 50.