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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: Predicting the Future/Break Even - B-Jay
3
Oct 18, 2010 04:28PM

Oct 20, 2010 12:27PM

I'll try that

I did not take refinancing into effect and I believe Jurek did not either. The likely hood of a refi, is low. If they can, that is great. 1% , means roughly about $500000 per month savings, or about 400 to 500 bbl/d of bitumen that they don't need to produce to cover interest on that part.

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