Ann: Closing on $20M Duvernay Acreage Transaction, page-19

re: Ann: Closing on $20M Duvernay Acreage Tra... We sold too cheap

these guys just go $3000 an acre as opposed to our 2k an acre.

However it should mean we have about $100 mil of land on hand + production + free carry on drilling +++, with a fully diluted MC of $25mil


http://www.derrickpetroleum.com/2012/02/09/sonde-resources-sells-duvernay-shale-acreage/