Welcome to the Connacher Oil and Gas Hub on AGORACOM

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

Free
Message: The stimulus package

Is Connacher still going ahead with any kind of drilling this season? And does anyone here find it a little strange that they would put off Algar seeing as though it wouldn't have been producing till 2010. It was fully funded and analysts are pretty much in agreement that the economy will come back in the second half of 2009. I can see putting off drilling but why Algar? Maybe they're in talks with a potencial takeover company and starting Algar would just complicate things. Anyone have any thoughts on this?

Share
New Message
Please login to post a reply