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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: Holiday?

Dec 17, 2008 05:11AM

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Dec 17, 2008 05:59AM

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Dec 17, 2008 06:12AM

Sharky: RG likely has two objective targets.

1. A minimum oil price target.

2. A period of time which oil stays over such target.

As the price over his target increases, he likely has a sliding target matrix. The one thing one does not want to do, is start up, only to have to shut down again.

Brian






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