Sorry SJD. I'm obviously not getting my point across very well. In the short to medium term they only need to fund the first well in each block. They have funding for this via the Drilling JV. Your correct that the timing of when the block gets drilled out is up to the operator (Marathon etc.) and at that point BRK will need to fund its share. But as I said in my earlier post BRK will have lots of NON EQUITY funding options for these wells (well 2 and so on). There are a lot of ways to fund these PROVED UNDEVELOPED wells (pls check the link posted earlier). If this happens before acreage position is sold it will be a +ve for shareholders- cashflow plus proved developed reserves. IMO it is clear and transparent- just requires a bit of research. GLTAH DYOR
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