Below is the AFE ( Authority For Expenditure) for the Bruins well which is scheduled to spud by the end of the first quarter 2025 according the the recently announced 2025 plan.
Cost for the well budgeted at US$ 11.55 million on a 100%WI level and looks like a 39 day drill time, with a probable 3-4 month spud to flowback period. So if the well spuds end of March 2025, it could be generating revenue by July.
Being a Woodford well would expect BRK WI to be 70-80% and flow somewhere in the vicinity of the "normalised" to 10,000 FMDP well to the Flames well, or 1300-1500 BOEPD IP24.
Cheers
Dan
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Last
41.5¢ |
Change
-0.015(3.49%) |
Mkt cap ! $39.89M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 41.5¢ | $1.302K | 3.123K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 53437 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 1765 | 1 |
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| Last trade - 14.21pm 08/08/2025 (20 minute delay) ? |
| BRK (ASX) Chart |