Re: S&P rating/rebel /$60 WTI
in response to
by
posted on
Aug 09, 2011 05:59PM
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
Production will not be good, needs to be around 16,000 bbl/d. Costs need to come down, DG does not know how to rein in spending. Earnings will be poor for a multitude of reasons.