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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: Latest NR
1
Mar 09, 2009 11:19PM

Mar 10, 2009 04:06AM

Mar 10, 2009 06:23AM
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Mar 10, 2009 07:24AM

Mar 10, 2009 09:54PM

Mar 11, 2009 08:55AM

Perusing the March 2009 Public Disclosure Document, I'm afraid Denby may be correct. It looks like they're backing off on both output and timeframe. It's hard for me to tell the difference between maps, but I believe as (I think was described) pods 3 - 5 are being rolled into GD and Algar ... possibly pod 6 is far back on the postponement burner. This is disappointing in some respects, but far from catastrophic. Awaiting clarification from Connacher. At least they're moving forward towards the regulatory approval process, and are consolidating operations to reduce costs. This may be pre-emptive information dissemination so there's no bombshell effect next week.


Mar 11, 2009 11:01PM

Mar 12, 2009 07:26AM
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Mar 12, 2009 07:39AM
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