PRE would buy their pipeline assets for $300 M. Why would they pay $850 M for the equity (85 million shares @ $10) and assume $600 M debt ($1.45 B total) for basically Orito and Nevia production sharing contracts? (5,000 barrels oil per day, the government isn't giving the environmental permits to drill more wells so they just rework the old ones). Corcel is out of oil within
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