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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: Alberta rolls back royalties
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I would think a 10% drop in Royalty would be accreetive for Connacher??


The government left oil sands royalties, which were also hiked in 2009, untouched.

Royalty changes on the conventional, when affected, are pretty minor in the overall scheme of things. The oil sands is the bigger portion.


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