Re: S&P rating/rebel /$60 WTI
in response to
by
posted on
Aug 09, 2011 02:42PM
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
Thanks for the clarification.
If $60 you are refering to is WTI, Connacher will not be OK at this price as you suggested. I will add that Connacher would not be OK if WTI would be $80/bbl for prolong period of time. Just look at the Total cost.