BRK 3.85% 1.3¢ brookside energy limited

Ann: Rangers Well in Production, page-17

  1. 1,565 Posts.
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    Awesome news and certainly another defining moment in Brooksides progression and forward momentum.

    While eagerly awaiting the coming IP rates we can be relatively certain in that the recoverable far outweighs Jwell due to recoverable per lateral foot and the increased production WI.

    Should and if the recoverable emulates or betters the neighbouring Camino SunDance Kid well this will be an even greater defining moment to the company in current commodity prices bringing additional revenue above initial modelling of profitability.

    I will leave others like Dan and the Professional to comment on recoverables in terms of amount and pathway to payback of capex and ultimate FCF timeline from the Rangers well.

    A fantastic Easter gift, well done to management faultlessly delivering the second well, confirmation bias that Jewell was not just luck and the team including BM, engineers, drillers, contractors and consultants work effectively to deliver. Thankyou.

    Keep well cheers Paul
 
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