With today's announcement from Canadian Spirit Resources Inc. (SPI), the company now has over 21,800 net acres in the Montney in Farrell Creek. As can be seen in the updated map, SPI's 100% lands (yellow) and JV lands (orange) are immediately adjacent to the Talisman/Sasol land. Byron Capital Securities recently calculated the value of the Talisman/Sasol land at $31,000/acre based upon their recent deal which translates to over $9/share for SPI.
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