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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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I searched in their latest update and the test seems to reduce steam injection and better recovery of dilbit.So normally by end this year and after production must be higher then it's now and new well pairs will be treated same way .So yes this could be a turn around situation .Extra new well pairs and at Algar a succes in 30 % more output with lower cost is a good thinh.Imagine they turn all well pairs to same production level then we can reach probably 15.000 or more bpd .

I regret many of the other posters are gone.We had a good level of guys and some were involved in SAGD as well here.It's sad this board has only 22 active members right now.

Our 2013 drilling program was completed in Q2 2013 and consisted of four infill wells on Pad 102 and four

new well pairs at Pad 104. All of the wells were

completed in Q2 2013 and construction of surface facilities

and tie in is continuing at both pads.

We expect to begin steaming the new well pairs at Pad 104 at the end of Q3 2013 for approximately 90 days.

These wells will then be converted to production

by the end of Q4 2013. The Pad 102 infill wells are expected

to be on steam for 30 to 60 days. The first well will begin steaming in July. All four wells are expected to be placed onproduction by the end of Q4 2013. The replacement well pair on Pad 202 at Algar was placed on production in early July.

As a result of the SAGD+ trial on well pair 2031 at Algar, average bitumen production rates were approximately 30% higher in the first four months of 2013 than the four months prior to the beginning of the test in May 2012. Steam injection was approximately 10% less over the same comparative period. Solvent

injection rates over the entire test period have averaged 6% of the steam volume injected and it is estimated that 92% of the cumulative solvent injected has been recovered. Five months into the test on 2031, the SOR

reached a level approximately 33% lower than SORs prior to the test and have remained at these lower values despite changes to the steam rate. In May 2013 the producer well was converted from gas lift to a submersible pump and the results

of this change are being assessed.

We have been piloting SAGD+ at a fourth well at Algar, 203-4, since July 2nd. The trial will continue on both 203-1 and 203-4 pairs through the end of 2013. We are also planning to add an additional trial on at least one

of the new well pairs at Pad 104.

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