BRK 0.00% 1.2¢ brookside energy limited

Ann: Flames Well Operations Report, page-21

  1. 1,074 Posts.
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    honestly, I will be horrified if that were the case. I am very certain with oil prices going the way they are going there will be more than enough revenue to grow the company organically. when oil hits $100 a barrel and oil will get to this price as the transitional period between clean energy and fossil fuels will be at least 7-10 years we will be banking 60-70c in the $ and if we are pumping 3000Barels a day after the 3rd well comes online @ an average $85 a barrel = $255,000 a day before costs and this is only oil. saying that our business is proving land and selling so who knows I do agree though never say never like you say if they have to then the loan option is the only way forward.
    Last edited by AlphaAlkaline: 25/01/22
 
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