In December 2018, BRK achieved a significant milestone when it announced
details of its maiden estimate of oil and gas reserves attributable to STACK
play holdings. It announced maiden reserves of 3.45 MMboe, attributable to
~20% of BRK’s total holdings in the Anadarko Basin. The combined net present
value (NPV10)
4 of this reserve is US$12.5m, with forecast future net revenue
of US$37.8m. Their estimate was $3.60 per boe.
Summary of BRK, page-119
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