For my mind I don't understand why there is any need for comparison to SHE.....
SHE are a joint venture partner in project Orion alone.
All other assets to the point of drilling and production are the property of BRK... SHE will be the preferred well bore partner and will also recieve the first offer to participate. So yes they have Jewell, there is no guarantee on Rangers and Flames unless they choose to participate providing they have the capital to participate. If they don't and say BRK want to proceed there may be alternate well bore partners in the wings. E.g. SABO or other and it may be a case of fielding offers from other participants should BRK prove themselves with Jewell.
All being said SHE is a company in its own right that has and will find other opportunities away from BRK and will not be solely reliant on BRK to build a company. But for now they are and I still think there is value in SHE. (I don't hold SHE)
My investment and interests remain in BRK as the asset owner and project generation
Keep well cheers Paul
For my mind I don't understand why there is any need for...
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