Sinclair 106,880 acres Sinclair is 167 section of land or 106,880 acres, this is a massive contigious Montney Play.
167 section of contigious montney, increase the value of every section involved.
The 51 million dollar price tage meas POU paid roughly 300k a sections.
Montey Land Sale 7 Million a section In alberta recent land sales people have been paying a record 7 million a section.
It sound to me like POU has done it again and put together a great land block on the cheap for 50 million, a block that could be worth more than 10x that amount. POU know how to create value for shareholders.
MHP
IMHO