Re: Effect of the fear

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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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spiderman8

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Re: Effect of the fear

in response to

Effect of the fear

sharky

posted on Feb 04, 2010 03:53PM

Buy CDN $

Seriously CLL is effected more by fear in the markets and the unknown production at GD. Unknown only because they got to decent levels in Dec., but they have never averaged over 6500 bbl/d for a quarter. With good consistent production numbers and the hedging of 5000 bbl/d SP drops should start to be minimal, with a bigger upside with confidence.

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