BRK 4.35% 1.1¢ brookside energy limited

Ann: Strong initial flow rate from maiden STACK Play well, page-15

  1. 5,578 Posts.
    lightbulb Created with Sketch. 50
    So strategy is not to make money off the wells, the strategy is to buy the land cheaply let other people drill wells on it, get it to a point where you can calculate a reserve then sell the land for 15-20times what they paid for it?

    Is that what the plan is? I still feel confused about it.
 
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