@Realinvestor1 there is little chance of BRK drilling 20+ wells. The 3 current operational wells were drilled to ensure the leases were ‘Held By Production’ and to prove up reserves (Wolfpack to further prove up reserves). Most likely scenario put forward on HC is that they will sell Woodford zones to Continental then use that income to buy new leases, prove up, sell, rinse and repeat. When that happens they will have a lot more money the bank than $100m and it will be sooner than 2 years time
Ann: Wolf Pack Well Completion Operations, page-7
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