Re: Costless Collars

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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spiderman8

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Re: Costless Collars

in response to

Costless Collars

bbqdays

posted on Aug 14, 2009 11:45AM

In simple terms: Connacher will receive pricing in anything between the costless collar range. If WTI falls below $60, Connacher will receive $60, if it rises above $84, they only receive a max of $84. There may be fees involved, but they protect the downside and limit the upside.

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