Is anyone looking at Serica recent acquisition announced last week and have any thoughts on it value and future for the company?

It appears to be a step change for the company taking it from around 3k boe to over 21k with no fund raising, no debt and already making circa $20mill profit from existing erskine platform alone with a number

See transaction pres here:
http://www.serica-energy.com/presentations

I already had a large position in this company but finding it hard to assess it value, some on twitter...seem to have put some good cashflow analysis together suggesting the company 'could' have an implied market cap value of circa £500mill off this deal (@sharesearch) .. thats obviously a huge increase form current £70m market cap but seems not unreasonable assumptions made..

any thoughts greatly appreciate.







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