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
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re:word and such
posted on
Mar 26, 2009 02:19PM
dont know that we'll see takeover as someone said Connacher's setup is not appealing given all its parts,UTS was all about land leases,as for holding on to cash,the opportunity was there for accumulation and averaging down,kinda like my .80.Connacher has the wherwithall to last till well into recessionary recovery,all that stimulus money starting in a few weeks and with an escallating bbl pricing cashflow will increase and the Algar can see a 2010 beginning.???