Ann: Quarterly Activities Report and Appendix 5B - June 2021, page-44

Yep, that's correct.

Once the pooling is finalised the SHE step in for the Jewell will be ~43-44%.... SHE will not have any equity in the Jewell DSU however so won't get any benefit from the upside in the PUD reserves proven. That will belong to BRK ~87% ,~ Exxon 4.5%,~ Citation 2.3% and the others the rest.

The other main players are unknown but likely to be Continental Resources, Citation again for Rangers and possibly Camino for Flames. BRK aim to have 80-90 % of the acreage in the DSU's after pooling so the major players will still only have small interests almost certainly.

The new 320 acre DSU will be interesting because when that gets pooled, BRK should also end up with 80-90%. Being immediately north of the Rangers and David mentioning that they will apply to make the Rangers a multi unit DSU, it is interesting that no one has yet commented on the significance of that.

Cheers

Dan