GREY:TBTEF - Post by User
Post by
NuWaveInc45566on Jul 12, 2016 2:17pm
196 Views
Post# 25045283
Petrocapita Closing of Acquisition of Palliser
Petrocapita Closing of Acquisition of PalliserSo let's run some fun numbers here for the sake of the Yes vote.
342bbl/d of mostly heavy oil sold for $3MM out of receivership; $8772/flowing. This is about half of PDP.
Applying the same numbers to TBE yields a transaction value of $120MM. Something to look forward to if the vote is No.