OTCPK:PDPYF - Post by User
Comment by
briliantpebbleson Mar 19, 2017 3:38pm
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Post# 25999711
RE:RE:Compare to TOU/Shell deal
RE:RE:Compare to TOU/Shell dealtou paid $39k 2017 production. they bought the asset in late 2016. 15% of the resource they got was LIQUIDS. ppy got 100% unadulterate DRY GAASSS. tou also got many miles of PIPE and over 200mmcf/d of PROCESSING infrastructure. the tou deal created sharheoler value. the ppy deal Destroyed shareholder value. ppy stock has gone straight down into the dirt since the deal was anounced. into NE BC dirt.
Whampoa wrote: Here's another one, gassy and done at about the same strip pricing environment.
| T Date | Property Name | Acquiror | The Acquired | Type | Transaction Value | % Gas | EV/boepd (C$/boepd) | EV/2P (C$/boe) | EV/2P ($C/mcf) | EV/1P (C$/boe) |
| 2017-03-15 | UGR NEBC Montney | PPY | UGR | Corporate | $277 | 100% | $32,541 | $ 0.85 | 0.1383 | $ 2.16 |
| 2015-03-01 | WEdson | Tourmaline | Perpetual | Asset | $257 | n/a | $44,609 | $ 10.69 | | |