OTCPK:ARNBF - Post by User
Post by
templetoothon Apr 27, 2012 2:33pm
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Post# 19845215
TV you're a little light on valuation...
TV you're a little light on valuation... Look at Crescent Point's deal to take over 5400 b/d from Wild Stream at Shaunavon. The announced metrics were $109,800 per daily barrel and $20.66 per proven and probable barrel. Dollar value was around 3/4 of a billion.
There might be some deals at the $60-$70,000 b/d range, but that would be for a far gassier production base. I think Rock Energy, tho I might be confused with another deal, sold a bunch of gas for $25-$30,000 per daily boe/d. Note the "e". There is no "e" in Arcan!!!