Eric has previously mentioned the potential effect of US valuation metrics on Buru's valuation.
Here's a snapshot of one recent deal involving a global major player. Yes, it's our own partner Mitsubishi coughing up billions for unconventional resource acreage in Canada.
Earlier this year US based Encana announced it had cut a deal with Mitsubishi, and the Japs would pay Encana $C1.45 Billion on closing for a 40% stake in Encana's undeveloped 400,000 acre Montney tightsands gas project. In addition Mitsubishi will invest a further $C1.45B over 5 years on development.
The project has proved undeveloped reserves 0.9TCF, 2P 1.4TCF, 3P 1.6TCF, and estimated economical contigent resources of Low=6.0TCF Best Estimate 8.1TCF and High Estimate 11.7TCF.
The full article is on Encana Corporation website www.encana.com
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Last
8.1¢ |
Change
0.002(2.53%) |
Mkt cap ! $54.37M |
Open | High | Low | Value | Volume |
8.1¢ | 8.2¢ | 7.7¢ | $257.1K | 3.223M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12820 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.1¢ | 108276 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12820 | 0.078 |
2 | 73579 | 0.077 |
1 | 100000 | 0.076 |
1 | 7000 | 0.074 |
1 | 7150 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.081 | 108276 | 2 |
0.082 | 100000 | 1 |
0.086 | 137846 | 1 |
0.088 | 48069 | 1 |
0.089 | 6237 | 1 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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