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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: Dondon and Rebels 1 : A Question

Yes it seems that the recent spike in oil has opened the eyes of many countries that there must be something to do about it to be less dependent from oil.Oil was also a great contributor for inflation which is not good for economy as well.

Many car makers ,and probably mostly in the US will start building less fuel consumption cars.In time another kind of transportation can create jobs again too.

Cll should be running in high gear in two years.I hope they get the permits ready now in the down time for the upgrades to pod 1 and algar so there will not be delays in the future.

Let's hope for that but I learned also that SAGD operation is not something you can bet on it .Many things can influence the go ahead or causes problems we don't expect right now.

But I still have some problems to accept that just the crisis was the fact that our shares are doubled now and we face such a high debt with lower output then we were previous.

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