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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: PAIN!!!!

Dec 16, 2008 08:53AM

Dec 16, 2008 09:22AM

Dec 16, 2008 09:54AM

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Dec 16, 2008 10:32AM
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Dec 16, 2008 10:44AM

Hi Rebels



UTS bottomed at .67 I expect CLL to do the same.THat's what I think too.The other numbers are just numbers based on Fib waves between zero and 1.I sold at 0.96 and will pick up again.

B.T.W I like your expression about lunch boxes but in our cities it's not possible to park a lot of big SUV's.

I'm not a green guy either and I also doubt about the CO2 thinking but either as a combination of both sun and human behavior as a warming issue together.But on the other hand it has become a political issue and is one many agenda's in global meetings.

I read on other board that a SAGD is not so simple to bring it back to lower levels at a rappid move so it wil take time.Therefore I'm wondering why DG will bring it back to 5.000 bpd.Then he must be convinced oil price will stay at a to low price for him for a long time.




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