AZZ
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0.00% $7.50 antares energy limited

Oil - The road to recovery, page-3

  1. pbawley
    1,844 Posts.
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    22/06/16
    15:09
    Post #: 18094556
    "In the northern Midland Basin, Devon agreed to monetize its working interest across 15,000 net acres in Martin County, Texas along with 13,000 net acres in eight surrounding counties for $435 million. Current net production associated with this largely undeveloped leasehold position is approximately 1,000 Boe per day"

    So $15.5K per acre, "largely undeveloped". Some hope then for us...

    Thanks
    pb
    AZZ Price at posting: 50.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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