Q 2 update
in response to
by
posted on
Jul 17, 2014 02:00PM
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
Hi Terry
Q2 update today did not spark enthousiasm .I'm wondering what kind of news we must get to see some action.Next month we get the Q figures so I'm curious if we will see a move then.It looks like the news in the past that always sparked some reaction ,this time is not the case.Though today the news was not bad with a small increase in production and a good production result on the SOR.For next Q3 production could be lift because they start producing the new well in August and later on the rest.It can't trade so flat for a long time I think.At some point it had to move and hopefully up .