BRK 0.00% 1.2¢ brookside energy limited

Ann: Brookside to Participate in Gapstow Full Field Development, page-45

  1. 354 Posts.
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    Hi Dan. I really appreciated your clarification on this announcement. I could see that I didn't understand the announcement and the 20.9% cumulative working interest. Absolutely nothing against you but the announcement is really unclear. I don't see how you can mathematically add 3% of 7/9 wells and somehow end up with 20.9% cumulative interest. If you got 3% on 7 exams, it means you got 3%, it doesn't mean you got a cumulative score of 20.9% on 1 exam? Its just mathematically not correct IMO. Very poorly expressed and explained. If it is 20.9% of one well I hope it's the best one! Thanks again for interpreting the information.


 
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