FREE DAILY STOCK MARKET NEWS

FREE DAILY STOCK MARKET NEWS

Brookside completes drilling and casing at Jewell Well

9 June 2021

ASX:BRK

Rueben Hale
Brookside Energy has completed drilling and casing operations on its Jewell Well project in the world-class Anadarko Basin.

Brookside Energy has completed drilling and casing operations on its Jewell Well project in the world-class Anadarko Basin.

In its latest weekly update on the project, the Australian Securities Exchange and Frankfurt Stock Exchange-listed company said drilling operations continued in the horizontal section of the wellbore in the sycamore formation, with extensive oil and gas shows, elevated gas readings and the identification of potential natural fracture systems.

It has been drilled to a total measured depth of 14,100 feet, the company said. 

“We are delighted to report the successful completion of the drilling and casing operations on our much anticipated high-impact Jewell Well,” managing director David Prentice said.

“The drilling and casing operations were conducted very efficiently and diligently.

“This well has now been further de-risked with the lateral landed as planned in the sycamore formation … and importantly production casing has now been set and cemented in place.”

Jewell Well is Brookside’s first operated well to be drilled and completed in the Jewell DSU in the “Swish” area of interest.  

It is operated by Black Mesa Energy, a controlled subsidiary of the Perth-based Brookside, which is involved in oil and gas exploration, development and production in the US.

COMPANY OVERVIEW

Brookside Energy Limited is an Australian publicly held company listed on the Australian Securities Exchange (ASX:BRK). The Company was reinstated to official quotation on the ASX on 5 August 2015, following completion of the Company’s recapitalisation.

Brookside has established deep and valued relationships in the oil and gas sector over the last 10 years through its successful activities in the industry focused on the mid-continent region of the United States.

Brookside’s goal is to build value per share through a disciplined portfolio approach to the acquisition and development of producing oil and gas assets and the leasing and development of acreage opportunities.

COMPANY INFORMATION

Company Announcements & Stock Information
Click here

FREE DAILY STOCK MARKET NEWS

Join our mailing list to receive the latest stock market news.

You have Successfully Subscribed!