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: 4th quarter

OK, since you are such a nice guy I will take 3 cents per share for Algar and 3 cents for additional interest expenses on the other side of the equation. This will balance itself out.

Hopefully the Algar will add 4 cents per share in Q1/2011 if the average production will increase to 7000bb/d.

In retrospect, it is very nostalgic to recall our naive estimates from $FTMC Brian`s privet CLL board when we were getting exited at $1/share CLL cash flow from POD1 when the WTI OIL was $60 per bbl.

Now we have to settle with the single cents. What the heck has happen here?

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