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Message: Re: Target Price
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Dec 14, 2008 07:07AM

Dec 16, 2008 03:15PM

Dec 16, 2008 04:13PM

the globe and mail had a lot on take-overs , mergers of junior oil and gas companys that stated ; the prices for acquisitions are dramatically different today, the going rate was around $60,000 per flowing barrel a day of output, while some strong assets are still worth that much, other assets would now likely be priced at only about $35,000. these examples are of course- land based operations, I would hazzard a guess that given the offshore inherent dangers -that would place proven production, and resources in place to be in the higher range. hope this helps ,



saskoil

1
Dec 17, 2008 06:34AM
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