Size does count

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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dondon

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Size does count

posted on Oct 08, 2009 05:25PM

size meaning "Reserves"contrary to some thinking reserves are all important to bottom line,I've been holding Trusts well over 10 years and more than a few lenders look to reserves for collateral,Connacher might not be a Trust "yet" but its reserves count towards its value,yes the reserves are in the ground but there worth could very well double or more in the longterm??

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