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Connacher Oil & Gas Ltd CLLZF

"Connacher Oil and Gas Ltd is an oil company engaged in the exploration and development, production and marketing of bitumen. Connacher holds two producing projects at Great Divide are known as Pod One and Algar."


GREY:CLLZF - Post by User

Bullboard Posts
Comment by strzelinon Dec 21, 2007 12:05pm
77 Views
Post# 14112693

RE: Recoverable Reserves

RE: Recoverable ReservesSimple answer is no. You can increase recoverable reserves by: 1.More drillings 2.Useing more efficient technologies like switching from cold flow to SAGD or from SAGD to THAI which has higher recovery rate. 3.Improving existing technology By the way bitumen prices did not increase by $25.
Bullboard Posts