Welcome to the Connacher Oil and Gas Hub on AGORACOM

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: Sell on News??buy on spec,outlook,rumor??

If the time frame is 18 months as reported, then the startup would be the beginning of 2011, not the fall of 2010, as someone suggested. --If the time schedule is similar to pod 1 ramp up, then we can expect them to hit 10,000 bpd by the middle of 2011.---Still good news as to how much they plan to expand to on both pods.----The price for the asphalt was reported to be $100 per barrel, but the more important number would be the net per barrel.----Did they mention what the cost of producing the asphalt?----CHEERS!!!

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