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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: Re: 15,000 BPD Cashflow estimate
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Nov 15, 2009 02:52AM
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Nov 16, 2009 10:36AM

Nov 16, 2009 10:47AM

Nov 16, 2009 11:09AM

In response to your question Spiderman8, I have quarterly estimates out to 2011. At 15,000 bpd, 75 WTIC(USD) and a 95 cent CAD, my quarterly cashflow is approx 40MM. This includes a considerable contribution from MRC but is also after allowing for all interest costs.

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