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: Presentations? And Capital Expenditure Budget

Thanks bbqdays - I recall that Algar would cost roughly $350M (with built-in contingencies), and now have climbed to $375M (this time weather contingency) - I'm curious where this capital expenditure will end up.

I have most of the presentations, but could not find the Dec 23-08 (even the link in the upper corner of this page at Agoracom appears to be a dead link). I recall, slide #6 "The Liquidity Analysis" had estimated that CLL was in good shape with the then $150M and $50M lines of credit - or with $200M.

We now have double that amount available and require more. Very strange.

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