Brookside Energy (AU:BRK) has released an update.
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Brookside Energy Ltd. has completed the drilling of its fourth and final well as part of the Flames-Maroons Development Plan (FMDP) ahead of schedule, with zero incidents. The company is on track to commence production by late Q3 or early Q4 2024, targeting a net production increase to 2,500 barrels of oil equivalent per day (BOEPD) with 78% liquids by the end of 2024. This milestone is a critical step towards Brookside’s goal of increasing net production to 6,300 BOEPD by around Q3 2028.
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