Re: New presentation
in response to
by
posted on
Nov 28, 2008 01:35AM
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
Read the presentation too.
Noticed this
Expect acquisition opportunities to accelerate with current market turmoil
So should they use cash to finance this ??
On page 7 it's clear that most benefit came from MRC in the downstream but due to the jump in WTI couldn't keep the pace .But now they benefit from POD at almost full speed and isn't possible that MRC could gain again with the lower WTI within some months?
There is some improvement to see on the cash available chart .
Let's take the old one first.
Now the new one and look where the arrow is.Now they predict positive net revenue in 2010 versus first chart but after 2012 a loss negative again but then again higher then first thought.What could be the reason for that.?