"The Company expects to be in a position to update its shareholders and the marketon progress towards its 8,000-acre target in SWISH in the December quarter."
I'm assuming there is a technicality which allows BRK to withhold total acreage acquisitions from the market until fully locked away. In numerous conversations with DP, we were still on track to hit a big chunk if not the full 8000 acres of the SWISH acreage by early 2019.
As indicated in the quote above, this is not the update on acreage announcement that we're all waiting for. That ann is still yet to come.
As BLBob mentioned, interest in 21 (640 acre) sections will allow some leverage for BRK to trade acreages, lock away parcels here and there until we are happy. Looking forward to the final report in the Dec quarter.
Nothing to see in the quarterly report - as mentioned previously, this is a backward looking statement at things already accomplished.
Now then... Where's that reserve report I'm salivating already...
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- Ann: Quarterly Activities Report and Appendix 5B - Sept 2018
Ann: Quarterly Activities Report and Appendix 5B - Sept 2018, page-5
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