U.S., overseas assets fetch higher prices; Canadian asset values remain same

摘要

First-quarter U.S. upstream acquisitions cost more than they have in several previous quarters. The 37 deal announcements during the period-totaling us6.6 billion-had an implied reserve value of us7.33 per barrel of oil equivalent (us8.11 per BOE for stock deals and us5.99 per BOE for asset deals), compared with us6.14 in all of 2002 and a fourth-quarter 2002 average of us6.90.