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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: Re: market outlook

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If the latter, will or can, Connacher survive?

Well that's the main question.It's hard to say how things will rule out .Supposing the bank sector has his worst times behind it how severe will the impact be on the countries with their debt situations and how will they impact others?

So economic grow pace could be a very slow one .On the other hand many companies has taken unpleasant messures by firing a lot of their workers so earnings stay a certain level.

But 2010 will also a year where other workers will be fired like here at Opel .

I'm not super negative but cautioun will be best approach.Another leg down is maybe a good opportunity for a new buy but we may hope oil level remains at a level CLL can live with .They can't afford bad luck again.

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