BRK 10.0% 1.1¢ brookside energy limited

Banter and General Comments .. BRK, page-8964

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    Pressed the wrong button

    To be fair, they did say  in the announcement relating to Jaunita  on 2/3/2023



    juanita testing.PNG

    I assumed they would announce the testing results of each zone as they went up the column.. but they never  stated this is what they would do.

    So several means more than 2 but not many, so 3 possibly 4 months of testing which gets  past May to early June or July before testing is completed.

    They envisage sales of hydrocarbons will commence during production testing, which is what has happened as the well is now active on the OK tax site.

    They will / may probably wait till testing is completed and the well placed on production before they announce the results.

    Again the competitive nature of the news regarding results in terms of leasing and lease values is probably why they would be keeping things close to their chests.... and 10 individual announcements , one at a time from each zone test would be a bit much.  

    IMO, we probably won't hear anything from Juanita until late May, early June....  and hopefully we don't hear about Wolf pack till after that, but that would be way, way  too much to hope for.

    Cheers

    Dan
 
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