100% correct, as long as oil pricing is in the profitable range...

100% correct, as long as oil pricing is in the profitable range per barrel, if investors were willing to buy in at $50p/b oil price none of that changes right now. I know I have in the past said that the oil price has little bearing on the BRK strategy as it was mostly about the RE play however having said that BRK has a greater production related revenue income than it did previously, fact is to be nervous about oil prices and fluctuations then you must be trading physical market oil

Oil well production is a long term strategy just as investing in the producing stock, for me I look at the long term averages e.g.
Current 5 year average US $54.50p/b
5 year average if you take out last year due to covid 19 US $54.32p/b
10 year average incl 2020 US $73.95 p/b




Oil and Gas wells produce long term so must be viewed with a long term average, oil prices will go up and down and always will. For BRK the advantage of a higher price to take advantage of the initial spike in well production is what we want to maximise initial gain and assist in paying down well cost earlier and assist in funding future DSU's Rangers, Flames etc.

Watching my other O&G play today that is drilling and EXPLORATION well only as I type, it is for exploration and not production and will be affected by the 'oil price fluctuation noise' and just as BRK should have little effect against long term averaging.

Filter the noise and invest to your strategy be it short medium or long term, for me its long term and would like to stay for the end game with multiple gain increase on acreage value per acre via divestment or buy out.

Keep well cheers Paul