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To: Think4Yourself who wrote (1180)3/8/2001 12:20:50 PM
From: upanddown  Read Replies (4) | Respond to of 23153
 
This article says that RD may be trying to get BRR on the cheap compared to recent bids. The valuation used is price per MCF of gas reserves. Not sure how oil reserves are factored into the price (gas equivalent?). Anyone know how to value E&P's on this basis ? It also gives BRR a "net asset value" of $53.

biz.yahoo.com

John