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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Message: Potential sale

Ludwig

I don't think going ahead with Algar was a mistake. It takes time to build and ramp up and prices were good when Algar came online..If any mistake was made it was cutting back POD 1 production...Why do you assume it was all DG? After all 2 of the 3 fired all had high positions and all moves had board approval.To lay any blame on 1 individual isn't really fair.This company had it share value raided twice and most companies wouldn't have survived one..DG was pushed out because he wanted to stick to the original plan and the others wanted to sell.CASE CLOSED

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