Thanks for the analysis @danpech much appreciated. For BRK to be able to fully fund the development with cash in the current environment is a fantastic achievement. As you stated, debt can be used to accelerate the whole process if the price of oil spikes and this becomes a favourable path. We are sitting on a billion dollars worth of oil (give or take) and have only just scratched the surface. I’m excited to see where this takes us over the next 12 to 24 months!
Ann: Transformational Drilling Program and Further Share Buy-Back, page-94
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