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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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Message: Re: Bitumen/ WTI OIL/CLL

Oct 24, 2011 03:36PM

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Oct 26, 2011 03:06AM

Jurek

BTW, your suggestion that CLL is still selling 800 boe of natural gas and do not pay the Royalties, G&A or Maintenance Capex to sustain oilsand operations shows that you have no clue about company you are advocating for

Don't recall saying that, ..did recall saying you're not incuding their sales.

CORRECT ME IF I'M WRONG

You appear to be taking the operating costs and expenses of the complete CLL operation and dividing it among the approx 13,700 production at POD 1 and Algar.

Could you show us where it's stated that royalties will jump from the actual AVG royalty of $3.07 to $15

Why are you including hedge losses? The whole thing being argued here is the amount required per barrel of bitumen for CLL to continue operations..

So is this how you're getting your extremely high number?

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Oct 26, 2011 09:09PM
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