Whitecap's deal today compared to Cj'sWCP just paid $81,000 /barrel. (Cad)
CJ paid $64,000 per flowing barrel pre royalty sale. After the royalty sale, CJ will have paid $38,000 per flowing barrel. (Cad)
WCP's acquisition has around the same netbacks as Cj's. reserve life on WCP's aquisition is about 22 years. The average of CJ's acquisition's reserve life is around 15.5 years.
Sheds some light on the metrics of Cj's acquisition.
JMO