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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: Okay, let's think long term
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Spidey - I cut and paste from the report below, the valuation is "Net Present Value of Future Net Revenue"....how do you get actual production value is 6X that? Or $12B?

Independent Qualified Reserves Evaluator

Description and Preparation Date of Evaluation Report

Net Present Value of Future Net Revenue

(before income taxes, 10% discount rate - $M)

Audited Evaluated Reviewed Total

GLJ Petroleum Consultants February 3, 2010 Canada - 2,155,582 - 2,155,582

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