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Brookside inches towards fire-up at Jewell Well

29 July 2021 15:47
ASX: BRK
Oil Well, mining

Brookside Energy Limited has taken another step towards its highly anticipated Jewell Well coming online in the US state of Oklahoma’s world-class Anadarko Basin.

With Liberty Oilfield Services standing-by holding the last nuts and bolts, pre-completion works are roaring along unhindered as the Perth-based company sticks a timely oil and gas sucking ‘Christmas’ tree on the cash-flowing wellhead while doing equipment checks.

The news comes amidst growing global interest in shale oil and gas and in less in than a week since securing prime acreage near the next planned Rangers Well, bringing the Perth-based explorer a step closer to realising a five-year, 20-plus-well programme expected to spurt out an equivalent of more than 11.6 million barrels of oil from across region’s most sought after areas.

Brookside plans to continue with regular updates as essential personnel and equipment continue to arrive on-site in anticipation of Jewell Well coming online soon.

The company’s Australian Stock Exchange-listed shares had lifted 3.23 per cent today, trading at 3.2c (2:23 pm GMT+ 8 hours).

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