Re: conference call link?-Noam
in response to
by
posted on
Nov 19, 2008 09:28AM
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 Noam,
If you go to the October 2008 Investor Presentation slides, go to slide 9 and look at the left hand side of the chart. It will say Canadian dollars and on that slide it shows how the integrated model will provide net back to Connacher when Algar is in place.
So, things are a bit tight out there. And, a gentleman who works for a major oil company has said that lay-offs are going to be starting at $89 WTI in their particular company. Since that is second hand information, I am not in a position to verify the credibility of the source.
Best Wishes,
Lynn