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

Free
Message: Jurek Does an Excellent Job!

If you are referring to OPTI Logan Lake project which Nexen has the partnership interest in, IMO the answer to your question is NO.

2C may add his 2 cents to this subject.

CLL does not have the in situ upgrader. It would take $200M to $300M to construct one. Most of their remaining cash reserves are dedicated to 2009 interest payments and improving POD1 operation.



Share
New Message
Please login to post a reply