130 million EBITDA estimate

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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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Cgy_B21

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130 million EBITDA estimate

posted on Mar 18, 2010 05:01PM

I think a really positive note to take away from todays news release is that in 2010 they anticipate 130 million EBITDA (given the current environment). And that is only with Algar averaging less that 2000 bbls/day. Positive growth signals throughout the release.

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