BRK 3.85% 1.4¢ brookside energy limited

Ann: Flames-Maroons Development Multi-Well Drilling Update, page-2

  1. 3,089 Posts.
    lightbulb Created with Sketch. 7412
    Nice, only ~ 1800 ft of the lateral left to go after which they will case and cement the hole and skid the rig a few meters to the Maroons well .

    Would be great to have a timelapse video of the rig move ( with an Aussie flag on it), it’s an amazing sight to watch one of these monster rigs moved rigged up.

    That will be ~ US $ 5 million ( gross ) spent up to that stage ( about 50% well cost and 50 % frack/ stimulation cost)

    This is a massive project for a company the size of BRK. They are operating and will be responsible and control a field spend of ~ US $ 1 million ( AUD $ 1.5 million) per week till flowback in Sept/ Oct. I’m not sure people comprehend the totality and magnitude of what the team are embarking on here. One a like for like basis, it’s analogous to BHP spending over AUD $ 220 Billion in 40 weeks ( without any debt).



 
watchlist Created with Sketch. Add BRK (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.001(3.85%)
Mkt cap ! $64.32M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $7.237K 527.3K

Buyers (Bids)

No. Vol. Price($)
32 29136658 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 20970102 24
View Market Depth
Last trade - 10.10am 13/05/2024 (20 minute delay) ?
Last
1.3¢
  Change
0.001 ( 3.70 %)
Open High Low Volume
1.3¢ 1.4¢ 1.3¢ 4198726
Last updated 15.37pm 13/05/2024 ?
BRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.