It was supposed to be one of the buys of the decade!
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For Elk, this has made backing a horse called Aneth – its acquired asset in the Rocky Mountains -- a provident bet indeed. Aptly, the $137m deal was sealed on Cup Day.
“With oil prices where they are you might call it one of the buys of the decade,” says chief Elk Brad Lingo.
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Ann: Quarterly Activities and Cashflow Report, page-27
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