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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: Alberta Province announces three-point incentive program

Thank you for posting this Jurek. I see this as a good sign that Alberta's trying to help, but agree with others that it doesn't go far enough.

For one thing, it won't help much at all unless the POO becomes profitable enough to drill and produce. Secondly ... 1 year royalty break ... I'm thinking at least 3 years (based on gut instinct, not numbers)?

The third item is very interesting, I'm thinking I like it a lot. Great idea, but could be severely underfunded.

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