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

Free
Message: Re: From BMO Oilsands Monthly Update

M Dog

Thanks for the pat on the back, I read most everything, skim some of it. I mentioned before that Q4 will be a breakout quarter and 1st quarter of 2011 will be even more so.

The impending sale will be good only IF they get what most other companies are getting right now, and then find a way to buy back debt without paying the premium. The SP IMHO is holding because of that and the year end tax sell off.

The production seems to be good and getting better and I believe the Netbacks are going to be positive. Free cashflow will be or should be positive for December.


Dec 16, 2010 03:09PM
Share
New Message
Please login to post a reply