Eric has previously mentioned the potential effect of US valuation metrics on Buru's valuation.
Here's a snapshot of one recent deal involving a global major player. Yes, it's our own partner Mitsubishi coughing up billions for unconventional resource acreage in Canada.
Earlier this year US based Encana announced it had cut a deal with Mitsubishi, and the Japs would pay Encana $C1.45 Billion on closing for a 40% stake in Encana's undeveloped 400,000 acre Montney tightsands gas project. In addition Mitsubishi will invest a further $C1.45B over 5 years on development.
The project has proved undeveloped reserves 0.9TCF, 2P 1.4TCF, 3P 1.6TCF, and estimated economical contigent resources of Low=6.0TCF Best Estimate 8.1TCF and High Estimate 11.7TCF.
The full article is on Encana Corporation website www.encana.com
- Forums
- ASX - By Stock
- BRU
- valuations
valuations
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRU (ASX) to my watchlist
|
|||||
Last
7.9¢ |
Change
-0.001(1.25%) |
Mkt cap ! $53.03M |
Open | High | Low | Value | Volume |
8.0¢ | 8.0¢ | 7.8¢ | $16.11K | 206.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 87523 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.2¢ | 7000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 87523 | 0.079 |
1 | 29532 | 0.078 |
2 | 50000 | 0.077 |
2 | 71700 | 0.076 |
4 | 118000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.082 | 7000 | 1 |
0.084 | 49000 | 1 |
0.085 | 50000 | 1 |
0.089 | 6236 | 1 |
0.094 | 140000 | 2 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
Featured News
BRU (ASX) Chart |