InvestorsHub Logo
Followers 44
Posts 2471
Boards Moderated 0
Alias Born 11/18/2011

Re: None

Monday, 03/19/2012 12:55:17 PM

Monday, March 19, 2012 12:55:17 PM

Post# of 42940
RainChief will be purchased by C&C Energia I announced over the weekend that I've been compiling this evidence and I'll be sharing VER VERY soon...but if you look at today's PR it eludes to that notion...just read between the lines:

Recent Permian Basin region deals include the following:
Midland's Concho Resources (NYSE: CXO) announced in it would pay $225 million to private sellers for a stake in Permian properties [Nov 2011]. Approx current share price $102.00.

Houston's Linn Energy (NASDAQ: LINE) announced it would acquire certain oil and natural gas properties in the Permian and Anadarko basins for $155 million [Dec 2011]. Approx current share price $38.00

Houston's Vanguard Natural Resources (NYSE: VNR) announced it had closed a $55 million deal to buy certain producing oil and natural gas properties in the Permian Basin from private sellers [Feb 2012].Approx current share price $28.00.

Denver-based Berry Petroleum Co. (NYSE: BRY) announced it will buy Permian Basin oil properties in the Wolfberry trend from a private seller for $126 million [March 2012]. Approx current share price $51.00[2].