BRK 7.69% 1.4¢ brookside energy limited

So while merchant get 25% of the wells production revenue etc -...

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    So while merchant get 25% of the wells production revenue etc - as a bonus after payback of costs to drill ,,, what about the main game ?

    25x appreciation of acreage - re sale of 10million reserves target ?

    Does BRK get all of that ?

    10m x say $10/bl = 100m

    FD 790fp + 435 2c ops + 25 3c ops = 1250 FD

    100/1250 = 8c

    9 plus bags on the heads 0.9 to to 8c
    30 plus bags on the options 0.2c to 6c

    Can they get half of that ? Worth the punt IMO.

    Can they get more acreage and exceed their 10mb reserves target?
 
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