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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: Good Article on Connacher

I agree that this is an excellent article as it clearly revealed the specific facts behind the curtailment of production at the beginning of 2009 so that we all know the details now once and for all.

The article also provided new information in that the Great Divide was producing 8,500 bbl/d of bitumen in July. It also stated for the first time that Connacher has hedged its natural gas production going forward, eventhough there is no mention of this in any of their presentations or the Q2 report. Nor do we know how much the hedges are worth.

Best Wishes; Scott

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