The original plan was to drill a FFD of the Bruins DSU but was modified to because of the fall in oil prices to ~ US 70 to a Bruins HBP well, and drilling the 2 wells in the new DSU.
Oil prices have fallen much more since then so it’s unlikely the new DSU wells will be drilled IMO in 2025 unless the POO recovers back to ~ $ 70. The clock will be ticking on the new DSU but without details, I don’t know DSU T&C’s in terms of HBP drilling timing, but should be sometime in 2026 so they will have a buffer.
BRK Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
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