RE:New acquisitionNot what I bought Pne for. I wanted gas gas gas. 10% under pdp sounds good but that's before tax, with current oil/gas prices I assume. Ie not a bargain point to buy in the commod cycle. I'll do some more work before I pull the trigger but I'm not excited by this acquisition. Example question. They are paying 90% of pdp on 12.3 MM boe of reserves. Again, sounds good, but how much capital spending is required to pump those 12.3 boe? More importantly, what is Pne valued at by comparison? What % of pdp existing reserves of XX million BOE is Pne valued at without this deal? If 90% is good, would buying back their own stock be better if the assets are valued at 90% (no risk, no fees), or 80%? Or 50%? What is the equivalent valuation. An SIB or aggressive NCIB might be a better option. So I'll do the math but, most likely it'll be ....Yeah, screw it. I'm out. Good luck.