Re: Resource journal article - sharky
in response to
by
posted on
Feb 11, 2010 11:57AM
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
TNX Scott and M .Dog for the explication.
That' s probably the same as they told before about satellite plants.
But POD 1 is finished and Algar should be within some months and they should left some capital.
But what if they will expand further?Do they have enough storage capacity.The tank park for POD is not that big ,don't know about Algar.
Besides the well pairs drillings what do they need as extra features and any idea about the cost price per POD for such a plant?
Many of you have stated they don't have enough capital for that so how will they fix that problem?Also the idea of a pipeline is dicussed here as well.That should reduce storage capacity and trucking cost but a pipeline is that something CLL has to built are companies which are involved in that bussiness and are nased on fees to use it,
If they need more capital we can face another dillution probably.Any ideas here?Otherwise that can put another downwards pressure on our sp later in time?Could they raise enough cash after paying their debt of course to go forward ?