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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: Q1 2010 Results
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I agree on that… Reserve is valuable

Right now, my concern is that they’re trying to improve their balance sheet by getting more proved reserve. Then, they will borrow money again to produce more oil… and not making money…

If the only value of Connacher is the reserve… why are we producing ???? we should dig corehole… and get some value ??

Is it possible for connacher to get a new loan with a better interest rate and reimburse the actual one?

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