BRK 0.00% 1.1¢ brookside energy limited

Ann: Shareholder letter regarding AGM, page-29

  1. 3,224 Posts.
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    Cheers mate.

    Good to have a fellow Dune fan on board

    If you have a chance you should try to make it to the AGM to hear the story first hand , meet the fellas and really sink your teeth into the story ( no pun intended). Pretty sure you will come away with many of your own insights as a result.

    As mentioned before, I doubt BRK will develop the Woodford leaving only 4 more Sycamore wells to be drilled which will build up a very substantial production long term production base even when the wells significantly decline.

    They will more likely spend cash on acreage positions which should facilitate further DSU formation and drilling at least the initial wells to achieve HBP status, which will have the added benefit if increasing production and PUD reserves, this time hopefully on a much grander scale.

    Hopefully we get to meet you and many other HC posters for what IMO will be the defining BRK AGM

    Cheers

    Dan
 
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