Re: Interest Capital

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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jurek

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Re: Interest Capital

in response to

Re: Interest Capital

spiderman8

posted on Feb 08, 2011 05:48PM

Yes, I know.

For the Q4/2010 Algar will add about 2.5 cents per share to CLL ernings which will compensat to some degree 3 cents of increase in the interest expenses.

Algar everage Q4 production ~ 5000bbl/d X $25 netbacks X 90 days / 447 million shares= 2.5 cents/per share

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