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

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Message: Oil Spill vs Oil Price

Yes Brian

It's all not so clear how much can get for our shares.Many options are open and we have no clue what the outcome will be.

The debt situation after the crisis has put another light on this stock because they simply can't move further without another kind of deal.The oil price can influence their cash position .

I read some time ago on SH that someone also asked himself why they don't focus on their conventional stake because IF they could ramp up the output up there it's less capital spending and it's better quality oil.

Yesterday near the end the bears pushed the stock lower.Could be they focus on the gap between 1.28 and 1.35 .It's possible they will close it.

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