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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Dennis Roth who wrote (158585)10/17/2011 12:38:18 PM
From: MIRU  Read Replies (1) of 206093
 
Re: BEXP Takeover price was just under the $39 Energy Prospectus estimate. While this may add confidence to other EP estimates, like $76 for CLR, it also indicates that the Bakken kind of sucks from the standpoint of what kind of opportunities this board should be looking for. I guess those wells cost so much that the future is really soso no matter how much oil they produce. (and makes the management of 90% gas Petrohawk look like real geniuses for getting the kind of premium they received)
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