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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (25207)	11/2/2006 11:19:03 PM
From: Spekulatius	Read Replies (2) of 78700

PWE reserve valuation -per 10K 2005 570M Barrel with 8.66B$ EV=15$/barrel oil in the ground. Since half ot the reserves are gas that's not a particulary low valuation. A takeover at current prices is fairly unlikely, IMO.

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