BRK 3.57% 1.4¢ brookside energy limited

This is a great result and there is a lot more to come with the...

  1. 73 Posts.
    lightbulb Created with Sketch. 22
    This is a great result and there is a lot more to come with the pipeline of drilled and to be drilled targets. I am curious about the assumptions for the forecast net revenue from the two wells mentioned - Oil/Gas price, oil deducts, opex for each well and net revenue interest (NRI). Using some guestimates, I can reverse engineer the net revenue that is presented in the announcement but when you forecast these forward, the future net revenue does not equate to what was announced so more detail is required. I will go back through the previous announcements to see if this information is available but if anyone has any insight to these I would be grateful. It's good to see a focus on production results rather than emphasizing the real estate play - I don't disagree with this as a means of conveying value. One thing to note on the production declines is that they are on a log scale which makes the decline look quite shallow. Wells in these formations typically have quite rapid declines which is why the high initial production rates are critical.
 
watchlist Created with Sketch. Add BRK (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
-0.001(3.57%)
Mkt cap ! $64.32M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $15.22K 1.088M

Buyers (Bids)

No. Vol. Price($)
36 13983753 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 9706003 9
View Market Depth
Last trade - 11.42am 03/05/2024 (20 minute delay) ?
Last
1.3¢
  Change
-0.001 ( 7.14 %)
Open High Low Volume
1.4¢ 1.4¢ 1.3¢ 2399566
Last updated 15.54pm 03/05/2024 ?
BRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.