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Brookside Energy ( (AU:BRK) ) has issued an update.
Brookside Energy announced strong production results from its Gapstow Wells in Oklahoma, operated by Continental Resources. The wells, part of a broader initiative to co-develop the Woodford Shale and Sycamore Lime reservoirs, have shown exceptional early performance, producing 1.65 million barrels of oil equivalent in the first three months. This success enhances Brookside’s revenue and strengthens its financial position, validating its strategic focus on high-quality, non-operated projects in the SWISH Play.
More about Brookside Energy
Brookside Energy Limited is an Australian company engaged in the oil and gas industry, focusing on non-operated holdings in the SWISH Play region of the Anadarko Basin. The company collaborates with major producers like Continental Resources to maximize hydrocarbon recovery through strategic development initiatives.
YTD Price Performance: -26.44%
Average Trading Volume: 1,226
Technical Sentiment Signal: Strong Buy
Current Market Cap: $21.7M
See more insights into BRK stock on TipRanks’ Stock Analysis page.