GREY:WFREF - Post by User
Post by
soundandfuryon May 08, 2015 9:34pm
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Post# 23710683
lre bought crocotta for 44 million share and 157assumed debt
lre bought crocotta for 44 million share and 157assumed debtAnd they got 7500 boe/day production from the crocotta purchase. I think the crocotta shareholders who transferred into lre shares at .41 shares of long run energy for every crocotta share. This deal seems a bit wierd to me.............much too cheap for the 7500 boe/day. Anyone know hor come crocotta sold so cheap to lre?