RE:RE:RE:Someone might be able to answer this right away.From the press release: "Closed the acquisition of Corinthian Exploration Corp. ("Corinthian"), comprised of 2,800 Boe per day (86 percent high netback light oil), for total consideration of 20.1 million Legacy common shares and assumed net debt of approximately $37.8 million (including the fair value of unrealized derivatives)"
The acquisition added 12.82 boes / share issued versus the company average of 11.53 as below. If you don't like this then maybe you expend a little energy of your own and contribute something here.
| Q3 2014 | Q2 2014 | Q3 2013 |
Production Volumes | 25,004 | 20,224 | 19,489 |
Cash Flow | $95,162 | $75,219 | $79,974 |
Net Debt / Cash Flow (annualized) | 2.31 | 2.71 | 2.13 |
Production Volumes per share | 11.53 | 11.37 | 11.40 |
Cash flow per share | $0.477 | $0.465 | $0.509 |
Av. Share o/s | 199,511 | 161,877 | 157,212 |
| | | |
Corinthian production volumes | 2,800 | | |
Shares issued | 20,100 | | |
Production Volumes per share | 12.82 | | |