Re: Conference Call Redux

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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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niceguy8989

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Re: Conference Call Redux

in response to

Conference Call Redux

Road_Warrior

posted on Dec 06, 2008 03:38PM

Hi Scott,

Great work!

You paraphrased the conference call very well.

It shouldn't be long before the oil price will bottom out and it is my understanding that the futures will contango which I guess means that they should gradually go up from there.

Obviously, we're going to have to wait longer with the world's credit crisis affecting demand. However, I agree with you 100% that Connacher is a great company and that the management team are doing everything within their power to provide us with a very successful company.

I hope you are enjoying the weekend. We have a little bit of snow and rain here in Sherwood Park and I notice that you are from the Toronto area, which is not far from where I grew up (Cambridge, Galt, Ont.).

Again, you did a great job in redoing the conference call and it should provide more confidence to those shareholders who were not able to hear it.