Ann: Wolf Pack Completion Operations Underway, page-21

Thanks " the Flog"

You explain it very well.

Your last paragraph is the answer and the conundrum. I think one of the main issues amongst quite a number of issues is BRK is rather hard to value for the average investor. We don't have enough information from the company to work out an NPV. We have educated guessed on well reserves which lead to an educated guesses on total reserves. We now have 2 well declines to compare with the modelled well decline which allow tweaking of the NPV models.

Apart from you, there are very few other BRK investors / followers that can do these calculations. BRK will not give the market an indication of what it feels the SWISH is worth because that will set the upper limit for the asset sale, and it certainly doesn't want to constrain that. That is why IMO it will take a significant asset sale to change market sentiment and valuation of BRK.

Cheers

Dan