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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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Message: Re: Economic crisis forces Alberta to trim royalty hikes
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Economic crisis forces Alberta to trim royalty hikes
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CSIAguy
Nov 19, 2008 06:10PM

Stelmach has announced $1.8 billion in royalty savings over five years for new oil and natural gas wells that meet the drilling criteria.

But all other existing wells and oilsands projects will pay the higher royalty rates that were first announced a year ago.

Could this help our sp today?

Can CLL benefit from this action ?Probably not for the GD project but Algar?

PS Shorts are much lower with last reading.

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Re: Economic crisis forces Alberta to trim royalty hikes
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bbqdays
Nov 20, 2008 03:29AM
Alberta to trim royalty hikes

jurek
Nov 20, 2008 07:30AM
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