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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If they will be taken out for a peanuts price?

I agree also that the production is flat .Not much to be excited about.Despite some efforts on using other technics they probably can't get more out of it.Can we say is it really so difficult or is it lack of experience ,knowledge ,bad well respons or what ?Some here can maybe clear something out about that.

So who says if they go for the rest to explore they probaly stuck at same levels .

Have they nothing mentioned about the conventional area ?

Only positive now is maybe the higher stake of fund managers who probably see some profit at this point.

If Spidey is right a 1.5 should be ok for me .

How big is the chance they would be taken over?

Since many years now we habven't heard or read some really positive news that could support an uptrend and latest update doesn't either.So what can drive this thing up if market sentiment turns a little positive ?

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