BRK brookside energy limited

Ann: 2025 Reserves Certification, page-3

  1. 182 Posts.
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    These additional PDP reserves were added at a finding and development (F&D) cost of ~US$16.40 per BOE, relecting a disciplined and efficient capital program.

    so... This sticks out to me and maybe someone can explain.

    but, to me, for every barrel they just added to their reserves...
    they paid 16.40 to find it?

    So now brk loses 16.40 for every barrel they produce right off the bat?

    sounds kinda wierd. Hoping this isn't the case?

 
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