BRK 0.00% 1.2¢ brookside energy limited

Ann: Flames-Maroons Development Multi-Well Drilling Update, page-25

  1. 622 Posts.
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    I remain (ultra) positive on Brookside. This despite its frustrating share price performance.

    after waiting months the company has embarked on a major development which it feels is the right course of action in the circumstances. So given a successful outcome in the field and fingers crossed a supportive oil price environment, then the share price will respond very favourably.
    But this phase 1 will move on to phase 2, and hopefully along the way the company will pick up more prime acreage to grow or at least maintain its reserves.
    And with growing success maybe a nice little bid for us will come along, just to add icing to the cake.

 
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