CGX Energy Inc V.OYL

RE:Re value

[chulo123]

I am not the best in Math, but just let me share my numbers:
Before, roughly FEC had 33%
                        CGX had 67%---------79% Fec
                                               ---------21% Other shareholders (us)
Now                 FEC has 68%
                         CGX       32%----------79% FEC
                                               ----------21% Other shareholders
It means that for each bbl of oil:
 FEC had before                      86%
Other shareholders                   14%

Now  
FEC has got                            93%
Other shareholders                   7%

So for me, it is a very good deal for CGX that FEC paid 130 million for adding for them 7% of the production