Re: Goldman Assistance
in response to
by
posted on
Jan 25, 2012 08:26PM
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
That 10% NPV is going to increase materially with the next report. Yes, there were apparently several dozen holes drilled last winter that might add a bit to the size of the reserves. But more importantly, the dollar value of oil is stronger. Between the two, we could possibly see an increase in the value of the reserves by as much as 20%.
And that report is due in mid-February, I believe?