BRK 0.00% 50.0¢ brookside energy limited

Nice pic's there from the RL guys on site. If that rig is...

  1. 1,109 Posts.
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    Nice pic's there from the RL guys on site.

    If that rig is drilling one of BRK wells then it should be the Henry Federal well where our interest is 5.2%, operated by Continental... really looking forward to the results from this one, some of the recent CLR Blaine county wells have been absolute crackers.

    CLR recent.PNG

    A decent result here will add meaningful PUD reserves

    http://imaging.occeweb.com/OG/Well Records/1DD8939A.pdf

    As the well is a long lateral over two sections it should be a 1280 acre drilling unit so BRK's 5.2% would be from ~ 66 net acres... if results come in as per the maiden reserve report, it could give rise to a US$ 30,000 per acre net to BRK, leading to a potential ~ US 2 million lift in PUD value....not bad considering the STACK is now playing second fiddle to SWISH.

    Cheers

    Dan
 
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