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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: FRom main SH board

Mar 20, 2008 06:50AM

Mar 20, 2008 08:07AM

Mar 20, 2008 09:35AM
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Mar 20, 2008 10:01AM
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Mar 20, 2008 01:36PM

Perhaps because Connacher has a high degree of confidence that there is plenty of bitumen on the Great Divide property and therefore, they are not concerned regarding accelerating depletion on one of their pods. Additionally, it would increase their cash flow thereby, decreasing the need for additional borrowed capital to finance additional pods. If this is the reason, it is good planning

Brian

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Mar 20, 2008 03:51PM
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Mar 20, 2008 04:11PM
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