Banter and General Comments .. BRK, page-4563

This “ wealth waster “ at US$ 100 oil and US$8 gas is adding US $ 75 per BOE produced. At a current 2000 BOEPD gross operated production , or by my back of envelope calculations ~ 1040 BOEPD net, that is adding US $ 78,000 cash per day (after production , transport, royalties and using Jewell, Rangers WI)

But today, oil is US$ 118 and gas is US$8.6 so add 10-15 % to that cash inflow .

By Christmas, that cash generation will double, and by Oct 23, that will double again. Even if commodities crash by 50% from here, BRK will be putting up a “ cash creating master class” for all and sundry, even before taking any cash from potential asset sales into consideration.

Right now, the share price stinks, but the power of those green bills will eventually work their magic, as they always have done( just look at those dirty, polluting, super CO2 producing out of favour coal stocks). BRK plus the other significantly undervalued oilers like CE1, CUE, to name a few will have their time to shine…

The market loves profit, the more the better, and BRK will be delivering a bucket load at an accelerating pace over the next 12-18 months.

Thanks for posting and providing the opportunity to say that mate.

Cheers

Dan