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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: The 17 Well Pairs

Dec 16, 2008 05:24AM

Scott,

From what I heard at the Tele-conference, you are correct, the Pair Drilling is both awaiting approval & will not be "a go" until Bit. Prices improve on a sustained basis.

I am somewhat more optimistic than some here, since the CLL Ship is small & can turn around fairly fast when prices improve...I also believe Managements move to stop the Bleeding was smart with the delay in OPTI Nexen start-up. Anyone know what's up there?

As an aside

I am a long time S/Holder at much higher prices, & not excited by the present Stock Price.

GLTA & Here's to OPEC !!!

(Never thought I'd live to say that).

SB


Dec 16, 2008 08:03AM
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