What is more beneficial for SHE?.... only having an interest in Jewell, or having an interest in both? Do SHE shareholders want the company to participate in Rangers? If SHE decides not to participate in Rangers and Jewell comes in as expected , how happy does one think the SHE shareholders will be ?... any chance of FOMO flooding in there? If Do SHE need to do anything to be able to participate?
If SHE don't participate, will BRK go alone in Rangers, or will they bring in other partners to participate?... and will it be difficult to bring in other partners on the same terms as SHE ? ( well bore only) considering BRK's drilling release last week and in today's proactive video mentioned that the horizontal well
1) had " fantastic oil and gas shows".... ( we confirmed what we already know, oil and gas are present in the reservoir)
2) "elevated gas shows".
3) " natural fractures"... ( enhances the frack job )
and BRK are building production facilities for Jewell so basically they go from completion straight into production.
BRK and SHE rely on each other and are a case of 1+1 =3 so pretty well obvious but my opinion only.
Cheers
Dan
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