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DewDiligence

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DewDiligence

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Re: DewDiligence post# 1373

Tuesday, 11/16/2010 12:09:40 AM

Tuesday, November 16, 2010 12:09:40 AM

Post# of 30493
WMB buys 86K Bakken acres from undisclosed seller for $925M:

http://finance.yahoo.com/news/UPDATE-2-Williams-buy-Bakken-rc-1214533541.html?x=0&.v=6

At roughly $11K per acre, WMB is paying about twice what HES recently paid per acre to acquire Bakken assets from AEZ (#msg-52712534). I guess it pays to be early :- )

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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