You don't have your facts right here captwade.  The property that Baytex bought is in the Cold Lake area of Alberta, probably about 600 kilometers away from their Seal properties.  Andora's Sawn Lk property is itself over 60 kilometers away from the Seal area where Baytex/Penn West/Shell/Murphy have had a great deal of heavy oil sucess.   The closest sagd project to Andora's was North Peace Energy and that project was not economically sucessful.  I will make no comment on the value of Pan Orient's Asian operations but their Alberta oilsands assets are very risky imo I would say worthless but that has yet to be determined.