risked value assessments in excess of us1b, page-7

Something just doen't add up.

From Etrade the current market value of MPO is $73m.
They still have of the order of $50m in cash which
means the value the market is putting all of their
assets is of the order of $23m.

The risked assess value of their Canadian assets is
$1.5b and this does not include all of their other
assets.

The question is why isn't one or all of the oil majors
buying shares at this price with the eventual view
of a takeover?