Drilling progress moving at a good pace.
Probably ~ another 2 weeks to complete drilling the 10,000 foot lateral section once the curve component has been drilled. If operations run smoothly we could see them moving onto the Maroons before the end of the month.
https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/natural-gas/030424-nymex-gas-futures-climb-as-producer-eqt-announces-production-cut?utm_campaign=oktopost-global-natural+gas-news&utm_content=oktopost-linkedin&utm_medium=social&utm_source=linkedinf
On another front, it looks like the market response to the low current gas price is kicking in with dry gas producers starting to cut production.
Gas is ~ 35% of the current BRK production stream, but ~ 20% of the revenue stream so BRK are benefitting from the stronger oil and a substantial recovery in NGL pricing.
Drilling progress moving at a good pace.Probably ~ another 2...
Add BRK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.27M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $4.16K | 335.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 15481980 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 21978053 | 33 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BRK (ASX) Chart |