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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: Re: New Conventional light gravity
3
Mar 18, 2011 12:17PM

Yes Brian that's a big question.They have brought their reputation to a very small level of trust in their goals so they need to built up their credibillity .They could have some success if they succeed in their horizontal drilling .They talked about 100 wells as possibillity.

Some weeks ago I heard on our tv news that this technic has influanced a Dutch company to start producing again in the province of Drenthe in the Netherlands.So it could be succesfull but we must see results first.

Because it's conventional oil that can bring more cash in the pocket .It can give the stock an extra support.But so far a lot of "IF's".

But looking towards next Q with oil in the lift that's not bad for them.Of course oil may not spike up to fast or we get trouble from the economy.Hard times if you asked me these days with all that unrest in the Mid East.Finally the Nato starts for action.The big eye IMO is on Saoudi Arabia.Is there no one who has insight in that area to give us an idea how severe the tension is there and if there is a big tread things could go out of control.So far the other nations had besides Lybia almost no oil.

While markets are in trouble i made some vids with nice songs.

http://www.youtube.com/user/sharkytwo?feature=mhum#p/u/1/3ElhrLrl12A

http://www.youtube.com/watch?v=-AzvVh_euUQ

http://www.youtube.com/user/sharkytwo?feature=mhum#p/u/2/v39fm1AuqAM

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