Upcoming Expectations

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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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Upcoming Expectations

posted on Mar 08, 2010 07:04PM

1) Do Expect Algar do have at least the $15 million of contingency unspent

2) Don't expect a great fourth quarter as production can be seen already on the presentation

3) Do expect current 1st quarter production to be about 8000 bbl/d

4) Do expect a little money made on foreign exchange gains

5) Don't expect debt to be down much, maybe some bought up with the $15 million contingency money.

6) Do expect SP to climb if Algar is built on time and on budget

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