Connacher Oil and Gas

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about 14 years ago
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in response to sharky's message

Hi sharky:

I agree with you. While I am really disappointed with the production numbers for Q2 from the Great Divide, I understand the issues that management faced and dealt with and hopefully Q3 will be a lot better with improved Great Divide and Algar production going forward. I am also very happy to see that the Refinery profit margin is 12% and that the debt has been reduced by approxmately $72 million dollars as spiderman 8 stated.

Take a look at the graph on page 15 of the new August presentation as it shows the production bumps caused by the ESP failures/ power bumps and the turnaround and the results that they had on bitumen production during Q2.

Cheers; Scott

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Road_Warrior
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Richmond Hill, ON
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09/29/2008
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Connacher Oil and Gas
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