BRK 0.00% 1.2¢ brookside energy limited

Ann: Flames Well Completion Service Company Appointed, page-14

  1. 3,184 Posts.
    lightbulb Created with Sketch. 7514
    Another observation .

    It looks like on these assumptions based of the Sundance Kid profile, Rangers may pay out before it hits peak production!

    Now, won't that be something for the BRK detractors to swallow if this eventuates

    In addition, this would have significant implications for Black Mesa , as it's 25% back in of the BRK WI would come into play at a time the well is still throwing off significant cash flow. BM would have a significant cash build as it's only " expenses" are corporate and wages for the 5 or so staff. Apart from distributing cash to it's shareholders ( BRK and BM staff), it will be interesting to see what they do with the cash, which will continue to build as all the SWISH wells rapidly payout.... what a terrible "problem " to have.

    Cheers

    Dan
 
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