BRK 3.85% 1.3¢ brookside energy limited

Banter and General Comments .. BRK, page-9318

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    From the AGM apart from Juanita production testing ( plus commencement of production) , and the IP90 number for for Wolf Pack, the main focus is on SWISH monetisation with reference to what data comes out of the CLR Courbett development.

    BRK have a very small lease position in one of the sections involved in the development so should have access to the data as a WI holder. The wells ( 16 of them ) started producing in mid May so by Aug-Sept there should be data coming through on how well the wine rack development is producing.

    The July quarterly should be a cracker in terms of production and revenue, and the September quarterly should also be up there as there will almost certainly be some decline from WP, but no outages from the HBP wells, especially Flames..... plus possibly a few months of Juanita production.

    Depending on the buy back spend, there should be a significant cash build over the next 2 quarters ( not including any left of field asset purchases)

    Cheers

    Dan
 
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