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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Excellent word ... laconic ... thank you.

"The reason not to hold is that if oil price go down again with recession Connacher cashflow may not even pay for interest on debt."

The 64 million dollar question, where is the economy heading? The last couple of days have led me to batten down the hatches. Dollar up, gasoline supply up, market in general overbought, oil prices down ... hmmmm ...

Lock in more hedges IMO.

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