This is from the ann from TSV this morning.
Soaring prices for Canadian exploration acreage may prompt sale of Duvernay Shale rights
? Transerv and its partners in the Alberta Joint Venture (AJV) are considering options to realise the value in their extensive deep exploration interests in this world-class petroleum region
? The AJV has commenced a process which may result in the farmout and/or partial sale of these interests
? Decision prompted by record prices being paid for surrounding acreage ? OVER $5,000 per acre, compared with the average price paid by Transerv of ~ $200/ha
855 is 400,000 acres!!!!
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