Nevarro Energy Takeover
Posted: Thursday Jun 29 8:16:40AM 2006
Doren: Presumably the Exploreco will be starting from scratch; that is, all the lands now owned by NEL will go to PXX and the Exploreco will have the initial moneys from PXX + proceeds from financing(s), but no land base to start with. Is this a good assumption?
Posted: Wednesday Jun 28 9:55:35AM 2006
Wow - Nevarro is selling the company at a premium to market price. The Bulldog guys should take note.