Hi Longfellow:

I don't think that there is any indication of any rush on Connacher managements part to start the expansion any sooner than they have projected should they get early approval. Management in fact has stated that they could even break up the expansion into several phases over a number of years. Instead of building the 24,000 bbl/d of bitumen expansion all at once they have spoken about financing and building two 12,000 bbl/d of bitumen expansions over a longer period of time. The longer that they put off the expansion the better off they might be as it would give them a longer time to raise cash while at the same time retaining 100% ownership of the project. I guess it depends on the financial climate at the time in the market that they are looking to expand in. If they get a period of time in 2012 with low bitumen to WTI sweet crude differentials, $100 a barrel WTI oil price for an extended period of time and Connacher gets a good price for their non-conventional assets, while increasing the reliability of the overall bitumen production, and reaching full capacity of Great Divide at 9,000 bbl/d of bitumen production and Algar reaching 9,000 bbl/d of bitumen production due to average SOR's being lowered below 3.0 at both plants with the new methane and solvent injection processes being successful, they might be able to accumulate a lot of cash to finance the expansion in phases themselves. With a steady cash flow if they can pay down some debt along the way and refinance their debt load over 30 years at a lower interest rate then the expansion might not need a huge equity dilution. Too many if's here to predict the outcome. I remain postive overall.

Cheers; Scott