Re: Q-1 2011 Report - The pro's and con's
in response to
by
posted on
May 18, 2011 12:34PM
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
Scott
Good read
I quickly glanced over the financials ( not a numbers guy)..I saw many production numbers so I was wondering why you have the idea they're hiding conventional production numbers. I'm not saying they're not but could you point to specifics.
Few points for all to ponder.
1- if as Scott says conventional production numbers are being hidden could it be because of ongoing debt negotiations?
2- Q1 was strong in many ways but week on earnings. What if any affect are the raging fires in the Oil Sands http://www.bloomberg.com/news/2011-05-16/alberta-wildfires-halt-oil-sands-production-town-evacuated-2-.html and flooding in other areas having on current SP.