BRK - “The Company has also booked ~3,450,000 barrels of oil equivalent in Proved Reserves from its STACK Play holdings (less than 20% of its current holdings and less than 7% of an expanded 6,000-acre holding). These Proved Reserves have a Net Present Value (10% discount) of US$12,500,000.
Based on this $/reserve acre metric, Brookside’s current undeveloped acreage has the potential to deliver upside that will be multiples of this current value once reserves can be booked following initial drilling.”
Still looks like nothing to offer in terms of a DT but has the potential to offer something soon, keeping an eye on it
- Forums
- ASX - Day Trading
- morning traders 1 / 04
BRK - “The Company has also booked ~3,450,000 barrels of oil...
-
- There are more pages in this discussion • 215 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)