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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Message: Goingsolo

Goingsolo

posted on Apr 14, 2009 04:31PM

Hi Goingsolo,

It will be a busy few months, but I will be reading the Board posts as much as possible.

I agree with what you have said. Jurek certainly has very accurate information which has been helpful to us all.

At this point, I don't have very much to say other than I know that Connacher is looking at all ways of being a long term successful company.

As the Board has said many times, it's extremely important that the price of bitumen increase to a level which will allow Connacher to pay all the bills.

At the present time, Connacher is looking at efficiencies that should reduce their costs, but the importance of an increased bitumen price cannot be overemphasized.

Like many of you, I am watching the price of WTI very closely, realizing of course, that it's the price of bitumen that is important.

Thank you for remembering me, and I do read most, if not all, of the posts on the Board.

Best Wishes to Everyone,

Lynn


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