Agoracom: Small Cap Investment - Connacher Oil and Gas

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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spiderman8

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Operational Costs

posted on May 25, 2011 06:06PM

Maybe I can get some help here. They show costs at about $22 per barrel. These costs per barrel have climbed steadily. It seems as production ramps up these per barrel costs should come down as they have more barrels to spread out the fixed component Does anyone actually know the fixed component?

I would like to see some answers, not blah, blah the management, not blah, blah the economy, not blah, blah manipulation.