Post by
pogohere on Mar 24, 2012 3:11pm
$$ per flowing barrel of oil equivalent
Quick and dirty recalculation of the valuation of a flowing barrel of oil equivalent in this deal, given that 49% of Nal daily production is liquids, yields ~C$113,000 per barrel poe/d. That is a discount that could attract another bid, notwithstanding the breakup fee of $45 million. The estimated savings in annual management fees alone are $10-20 million. PGH just might want that cash flow enough to raise their bid.
Comment by
Moose999 on Mar 25, 2012 10:15pm
You Gents with your $9 and $11 costs think you're getting scre-w-ed......my cost is over $20....How am I doin? Every bloody board I have ever read...the posters salivate and dream about a takeover. I'll tell you what....I've been on the end of about a dozen takeovers and EVERY TIME...I got the shaft.... Takeovers SUCK!