BRK 0.00% 1.2¢ brookside energy limited

Summary of BRK, page-422

  1. 3,184 Posts.
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    I have already explained why the 11.6 MMBOE number is  confusing because it is a net / net number after  taking royalties  ( 20%)  and the 25% Black Mesa back in.... plus some other pieces of info that need to be put into context .


    The "field "number is closer to 22 -25 MMBOE to BRK's WI and close to 30 MMBOE on a 100% basis.

    @TwinTurboCelica  is correct in the sense that many of the earlier " going to the moon " calls were absolute trash but he doesn't have detailed insight to BRK  as such which is why he is incorrect talking about a 11 MMBOE reserve. Having said that, it's not his fault he is using the 11.6 MMBOE number because that's the  "official" BRK number.


    I will rewrite the explanation later this evening as have a busy day with patients.

    Cheers

    Dan
 
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