RE:RE:Tamarack buys 11,800 bpd for 500 millionI would think the key to determining value would be the value of the resource still in the ground. Production is one thing, but how long will it last? Therefore, if Sparky is as good as Some seem to think, perhaps we are worth a little more than we think. Sgy reserves are in the vicinity of 100milion bbe but it actually has a billion and some in the ground with reserves increasing as price of oil goes up.
I am on my way to work, and can't look for it, does anybody know if Tamarack received a sizeable resource in this transaction in comparison with Sgy?