RE:About value..the assets purchased are light oil with a much higher netback than CJ's existing assets, so you are comparing apples to oranges. CJ's Q1 oil netback was $16/barrel, the acquired assets have a $30 netback, so of course they are worth much more. ALSO - the acquired assets have a lower decline rate than CJ's existing assets.
Also acquiring higher netback assets provides CJ with greater protection should oil prices head south. Another factor (that I can't quantify) is the acreage they are acquiring (ie reserves).