SHE 0.00% 1.2¢ stonehorse energy limited

Ann: SHE takes a Substantial Working Interest In Jewell Well, page-57

  1. 3,078 Posts.
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    Jewell is proving to be an incredible well.

    Based on what we know now, and going off the model @TheProfessional which shows the reserves for the Jewell at ~2.3 MMBOE then at todays current rate of 1727 BOEPD ( can't believe I am writing a number that big !) where BRK hold 42.5% and SHE hold 41.5%

    BRK has ~ 734 BOEPD production and PDP reserves of 0.978 MMBOE of oil, NGL's and gas
    SHE has ~ 717 BOEPD production and PDP reserves of0.955 MMBOE of oil, NGl's and gas.

    I have recently calculated the 11.606 MMBOE prospective resource attributable to BRK for the whole SWISH acreage position of 46.6 BCF raw gas ( 7.76 MMBOE gas) is actually 15.03 MMBOE of reserves when the raw gas has the NGL liquids extracted.

    That 46.06 MMBOE gas reserve constitutes 27.96 BCF residual gas after processing ( 4.66 BOE gas) and 6.45 million barrels NGL.

    SHE share of those reserves are the 0.955 BOE as mentioned above as PDP reserves.
    BRK share of the above is 0.978 MMBPE PDP and 13.097 MMBOE of PUD reserves.

    So were are not at 750 BOEPD yet, but getting close and hopefully charge through it soon.

    Cheers

    Dan
 
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