
The deal, which was announced Tuesday, values Evergreen's Rocky Mountain natural-gas reserves at about $1.40 per thousand cubic feet, substantially cheaper than the $1.95 per mcf that EnCana ECA paid for Tom Brown 's TBI reserves.
it would acquire Denver-based Tom Brown TBI for $48 per share in cash. Including ..... offer represents a 24% premium to Tom Brown 's stock price at Wednesday's close. At the end of 2003, Tom Brown reported proven reserves of 1