Brookside Energy ( (AU:BRK) ) has provided an update.
Brookside Energy Limited has successfully advanced its drilling operations at the Bruins Well in the Anadarko Basin, Oklahoma, marking significant progress in its strategic focus on the SWISH Area of Interest. The company has completed critical milestones, including the installation of the intermediate casing and precise landing of the well bore curve in the Woodford Shale, transitioning to horizontal drilling to optimize production. This development aligns with Brookside’s strategy to enhance production and expand its inventory of drilling locations, reinforcing its long-term resilience and growth in the oil and gas sector.
More about Brookside Energy
Brookside Energy Limited is an Australian public company listed on the ASX and OTC Pink stock exchanges, focusing on the mid-continent region of the US. The company emphasizes sustainable growth and value creation through the development of energy assets, primarily oil and gas, using a disciplined portfolio approach. Its operations are managed by its wholly owned US subsidiary, Black Mesa Energy, LLC, which is led by experienced professionals in the US onshore oil and gas sector.
YTD Price Performance: -26.44%
Average Trading Volume: 1,859
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $24.04M
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