PetroChina paying $9,800 per acre for liquids rich gas acreage.
Petrobakken has 131 sections in the Duvernay oil window. That is 84,000 acres.
84,000 x $9,800 = $820 million
That is over $4 per share for an asset the market doesn't even know Petrobakken has. That assumes that oil property is of equal value to the liquids rich gas property.