Imagine that the company could write something in likening to when we were all younger and may have traded the old chewing gum football cards. These days we are older and it's now the likes of BRK, CLR, Casillas, Roan and Cheyenne etc. As players with trading differences settled by courts.
The aim of the game is much the same....You buy your trading cards (lease acres) but are likely to get many different team players (county sections) The more trading cards (lease acres) you buy gives you greater power to trade with others holding trading cards to complete a team of players (county sections/drilling unit)
The player or entity who has traded their cards best to gain a complete team set or higher number of players in the team gets the rights to operate the drilling set. The others without a complete set or least amount of players takes a non operated working interest
Historically BRK have had to take the non operated position. Still good with value and production adding to the asset value and bottom line.....not to be sneezed at but now BRK have their first operated position soon to be drilled
And soon hopefully confirmed a couple more operated positions and some non operated positions to boost the profile and add value
Might be a rough analogy and might not suit English Premier league trading lol and btw always imo
Keep well cheers Paul
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