Banter and General Comments .. BRK, page-10138

Hi mate

Well producing pretty well in line with type curve projection for the Jewell well as per below



This is a log graph with oil in green and raw gas in red.

Originally the dates show production commencing in March 2020. The dots are at 6 month intervals which show the predicted oil flow at 2 years was to be~ 95 BOPD and the raw gas flow at just under 2 mmfcgpd. This would give a monthly oil production of ~ 3000 barrels and 60 million cfg

So we can say oil is right on and gas is about 30% below projection. The type curve cannot predict well outages which occurred when CLR drilled and completed their Gapstow well immediately south of Jewell which can affect flows when wells return. Overall, it would be fair to say the BM team were spot on with their pre drill modelling, another testament to their technical ability considering this model was produced in 2019, 2 years before the Jewell was drilled, and months before any third party drilled a Sycamore well anywhere near Jewell.

Hope that helps

Ciao

Dan