Banter and General Comments .. BRK, page-8621

That is a indeed a possible outcome for sure.

The only " risk" to selling the whole farm is the fact the farm is of such quality, that their chances of another ground floor entry to an asset of similar quality may be difficult. Sure there are other tier 1 locations in the Anadarko basin of magnitude but there won't be many overlooked areas that BRK will be able to capture at ground floor levels like they did in 2017, 2018 in the SWISH.

Bradbury is potentially a material overlooked opportunity but is for vertical well development only.

So selling part , JV of farm-in part to help fund raid development of another could be the way to go depending on the deals and what other opportunities BRK see may be available. My personal preference is selling the Woodford and developing the Sycamore at a rapid pace.

And you are correct, they still can move to bigger, new opportunities if they keep a portion of the SWISH asset for BRK development, whilst realising the cashflow from the developed SWISH. The only " downside" would be for those looking for a large one off capital return. The less cash for a sale or JV and the need to spend cash on development will affect the amount of cash available to be returned to shareholders in the near future.

I think DP answered someone's monetisation question on the Investor Forum with " all cards are on the table" or something like that.

Cheers

Dan