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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: Bitumen prices dropped to $35 /bbl

The current disparity between Brent & Cushing, is being caused by current inventory @ Cushing being full to the top. Pipeline companies storing the excess in their facilities and in the pipelines themselves. Mereley buttresses my point that the only common sense approach is to diversify your customer base so as to increase distribution options so as to maximize revenue and profits. Then the supplier chooses distribution channels based on common sense businesss decision rather than allowing the customer total control. At that point, economics versus strategic relationship can be melded to optimize both economic and corporate priority interests. Despite the arrogance of production held by some on this board , strategic and tactical planning form an important part of the equation. And frequently, can contribute considerabally to profit maximization as well as other strategic and tactical objectives!

Brian

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