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Brookside Ready to Run with the Wolves

29 December 2022 09:46
ASX: BRK

Brookside Energy is on track to finish out its “transformational year” strong, with completion operations at its upcoming Wolf Pack well in Oklahoma’s world-class Anadarko basin now underway.

Brookside has contracted tier-one oilfield service company Haliburton to conduct the operations set to commence next week, with equipment and personnel now being mobilised to site.

Wolf Pack has hit a total depth of 17,260 feet, with extensive shows of oil and gas as drilling continued to the targeted depth.

Located within the SWISH Area of Interest, home to the explorer’s three other producing wells, Wolf Pack lies in spitting distance of the Rangers well, which brought in 6.75 million dollars in revenue after just a month and a half of operation.

The company said it was incredibly pleased to secure the services of a tier-one company like Haliburton to run completion operations on the Wolf Pack Well.

“The team is moving very quickly to prepare the well for the commencement of completion operations as we move forward in the schedule and look to be on track to set a record for the Company in terms of days from spud to first sales,” managing director David Prentice said.

“We are looking forward to providing further updates on the next phase of operations and ultimately production and sales over the coming weeks.”

BRK’s Australian Stock Exchange-listed share price was trading at 1.2c today (7:25 am UTC+ 8 hours).

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