RE:Expensive acquisition reflects lack of organic growthThe announcement seems to indicate that they view the acquisition as highly strategic given its proximity to their existing lands. It also seems to indicate that it includes some stellar exploration targets going fwd in areas that they are familiar with. My impression is that they are paying up for these 'hidden' benefits. Given their strong reserves and exploration sucess it doesn't seem like they would have to buy from a position of weakness ... that said the market didn't seem to impressed with the aquisition, though I'm not sure it is impressed with anything oil related at present. The Q4 results will hopefully give the SP a bit of a boost.