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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: Institutional Shareholder Update on AMEX

Re: Bourses

in response to by
posted on Feb 24, 2009 04:07AM

"When we have the Q4 numbers?" On or about March 19th.

"What actions will DG take?" Good question. Worse-case scenario ... sell PDP, shut down GD, look for a partner, share dilution? Hopefully none of those, possibly assistance from Alberta, possibly the hedging helps, possibly differentials at MRC are good, possibly POO comes back up.

I wonder how things are going with the additional pumps, and how the cost/benefits play out (more production, less NG used). I imagine there's not a whole lot of savings, or they'd just put pumps in all the wells.

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