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Rangers preparing for production

17 January 2022 10:20
ASX: BRK

Following the mould of its cash flowing Jewell WellBrookside is gliding toward production at Rangers with the heavy-duty Kenai Rig preparing to tap oil at 5300 metres.  

Site work has commenced in preparation for the well and anticipation of the imminent arrival of the lateral drilling rig with casing on the 2500m concrete cased lateral section completed.  

With production at the energy explorer’s Jewell well holding a peak rate of 1800 barrels a day, it has been a comfortable ride for the second as the company eyes more than 20 sites in its corner of the energy-rich basin.  

The Perth-based explorer continues forward with the coming of stimulation equipment and the construction of surface production apparatus.  

The company said operations are proceeding on schedule, safely and without incident.  

“Forward operations continue preparation of the site for the arrival of well stimulation equipment and commencement of completion operations,” the company said. 

The next steps for the company will be the construction of surface production equipment, including a heated horizontal separator, vertical heater treater, vertical separator, and four 750-barrel storage tanks.

BRK’s Australian Stock Exchange-listed price is trading at 2.1c (6:34 am UTC+8 hours) 

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