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csg movement, page-5

  1. 21,408 Posts.
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    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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