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Brookside Energy ( (AU:BRK) ) has issued an announcement.
Brookside Energy has reported successful early production results from its ninth operated horizontal well, the Bruins Well, in the SWISH Play, Oklahoma. The well was completed ahead of schedule and under budget, generating approximately US$1.25 million in gross revenue and demonstrating strong production metrics. This success reinforces Brookside’s ability to deliver resilient returns and cash flow, even in a lower commodity price environment, supporting future development and capital return initiatives.
More about Brookside Energy
Brookside Energy Limited operates in the energy sector, focusing on oil and gas exploration and production. The company is primarily involved in developing high-impact acreage in the Anadarko Basin, Oklahoma, with a strategic emphasis on delivering high-margin cash flow and enhancing capital efficiency through its SWISH development portfolio.
Average Trading Volume: 95,518
Technical Sentiment Signal: Sell
Current Market Cap: A$41.33M
Learn more about BRK stock on TipRanks’ Stock Analysis page.