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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: Expectations for Q2 report tomorrow
1
Aug 10, 2010 02:46PM

Aug 10, 2010 03:03PM

Aug 10, 2010 03:37PM

I think you are right for MRC

I think you are high by maybe 300-400 bbl/d on GD.

I think Algar may get 3 truck loads by the end of June, whatever that equates to in barrels, certainly not 1500 bbl/d average

Conventional and NG about the same, but not a big factor

Hedging and deriatives and exchange will be OK.

Forward outlook needs to be a little positive

Actual costs, (I don't think I ever saw them) on Algar should be $20 million under budget, but I suspect it will only be slightly under budget


Aug 11, 2010 10:24AM

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