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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: Connacher Update""NUMBERS"

Jun 01, 2009 05:50AM

Jun 01, 2009 06:01AM
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Jun 01, 2009 07:14AM

I look at two numbers ie bitumen @$25+ at a time when WTIis@$40 today we have WTI nearing $70,if you ask me weather I see CLL @$8.00 my answer is yes.Connacher has experienced a $6-8 value when WTI was above $140+IMHO we will see WTI in the $150+ range short to mid term,with a second POD in the offing why not throw another number out there ie production doubles to 20000 bbl,looking at the above numbers $8.00 seems low IMHO

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Jun 01, 2009 03:59PM
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