Re: asset class

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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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BKM8572

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Re: asset class

in response to

Re: asset class

petroinvest

posted on Mar 16, 2008 04:43PM

Additionally, PBG has conventional production in the Canadian portion of the Bakken field. Total production from the Bakken Field is presently about 20,000BPD. As I recall and subject to correction, PBG has about 75,000 acres in the Bakken Field. Petrobank of course also has the Thai Process.

If one considers the conventional assets of Petrolifera and Connachers percentage ownership interest in Petrolifera, as well as Luke and the Montana Refining Company, as well as the natural gas assets, the basic strategies and productive assets of Petrobank and Connacher do not seem all that disimilar!

Hang in! After all the silly games, we will do OK!

Brian

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