BRK 0.00% 1.0¢ brookside energy limited

Ann: Quarterly Activities Report and Appendix 5B - September 2021, page-13

  1. 161 Posts.
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    Just a question for anyone that wants to answer. Does the acreage that Brookside hold, for instance the Jewell DSU, increase in any value as it changes in status. ie. unproven reserves to proven undeveloped reserves to proven producing reserves and held by production? Just thinking that the assets they hold would have to increase in value as they develop them and get a clearer idea of what is below the ground wouldn't they? If this was the case it would improve Brookside's balance sheet on top of the cash flow from the oil, gas and NGL's wouldn't it?
 
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