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DewDiligence

11/16/10 12:09 AM

#1780 RE: DewDiligence #1373

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 :- )