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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: 1 paragraph in the News has me worried...

That's maybe not a bad idea but this needs again approvals which take so much time and by that the oil price could be over the 65 what we need now.

We need a solution NOW to counter the low price and to go on with Algar.Therefore I'm more for an idea to go for 12.000 and if possible to 15.000 with POD 1.That's a lower cost operation which creates more cash with same POD.The oil price will not stay at 40 but no one can guess how quick we are back to 65.

DG to me is just a little upset because he also can't lok into the future to see how quick things could be changed in favour.

Suppose for some reason we have 65 $ oil in May ,June ,I guess situation is again more different then it's now .Then the problems he is facing now are not the same anymore .I have the feeling it's some kind of panic football game though it's good to think about solution but it looks that we have seen the lowest on oil referring to the recent charts.

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