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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (25207)11/2/2006 11:19:03 PM
From: Spekulatius  Read Replies (2) | Respond to of 78704
 
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.