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: 3rd quarter and moving forward

I was a little off

I said $19 for OS it was $12.5

I said $5 for con, it was $4.1

I said $6 for ref it was $12.7

Total est was $30M it was $29

Foreign exchange gain was way over my est.

Outlook looks reasonable now with production at 14K and starting in November Bitumen is about $10/bbl higher.

They seem to finally see the light as well on production being in the 14-17 range and can budget accordingly.

Selling assets of about 1900bbl/d equiv, could get about $60000-$80000 per flowing barrel.

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