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Friday, December 14, 2012

Bonterra / Spartan Deal Again Points to Petrobakken Undervaluation

The prices paid in oil acquisitions are in a very consistent range.  A range that shows Petrobakken as being very undervalued.  Here is our latest for Seeking Alpha:

http://seekingalpha.com/article/1065021-another-day-another-transaction-showing-petrobakken-s-significant-undervaluation

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