BRK 4.00% 1.2¢ brookside energy limited

Ann: US Majors Join in Rangers Well, page-43

  1. 411 Posts.
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    somebody please explain how giving 20% of revenue for 20% cost is a good deal for BRK? I mean follow that through, what if the deal was 50% for 50% ? It seems futile to me, shouldn't there be an advantage to brk? Is the advantage that the big guys are now affiliated and in the fold so to speak? Why would brk hand over multiplied profit for basic costs, what about all the overheads? what about the risk?
 
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