Agoracom: Small Cap Investment - Connacher Oil and Gas

Welcome to the Connacher Oil and Gas Hub on AGORACOM

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Thomas1

Rank: Mail Room [?]

Points: 120 [?]

Votes: 3 Score: 2.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

COST

posted on May 18, 2010 07:23AM

"Connacher anticipates it would require approximately one year from approval to finish the Project, assuming the Project is completed as one 24,000 bbl/d module, at an initial estimated capital intensity of approximately $25,000 per flowing barrel of bitumen."

If my math and understanding is right this expansion will cost $600,000,000.

Any thoughts?

1 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply