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: why invest in "CLL"

Dondon, my concern would be that if we hit $200 within two years (which is quite possible) rather than in 2014-2015 (which would be great for Connacher), then the world is screwed. $200 oil in the very near future will undoubtedly catapult the world into another economic recession, or perhaps I should say the second phase of the current one, and it would probably be a lot nastier than last fall/winter.

I don't think our poor little corner of the world (the Maritimes) is going to insulate us from the impending doom if oil rises too high, too fast.

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