BRK 3.57% 1.4¢ brookside energy limited

Hi everyone,i am a holder for some time now but never commented...

  1. 64 Posts.
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    Hi everyone,

    i am a holder for some time now but never commented before, although I read this forum almost daily. There is a lot going around in terms of new wells being drilled (or not) or the sale of the assets (or not). It seems at this stage we (or the management) don't have a clear plan. And I am fine with that. I understand that company will do whatever they consider best at the time, in this very dynamic environment.

    My question would be, if all 3 wells perform as expected by the modelling (including rise and decline of production) at the known rates of gas/oil and a conservative price per barrel, what would be the revenue for the coming years?

    Some members gave monthly figures for the coming months I think, but cannot remeber somebody saying XXX millions by end of 2022 (with all wells paid), YYY by end of 2023 and ZZZ by end of 2024. I understand the uncertainties, mainly with oil price, but we need to make some assumptions. Does this make sense? If this has already been provided, my apologies.

    The reason I ask is because this is the only known source of revenue as per today. New wells or sales are no real at the moment.

    Thanks!
 
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