Brookside Energy (ASX:BRK) record run: cash flow soars as U.S. expansion gains traction
Brookside Energy’s record-breaking cash flow, soaring production, and strategic U.S. expansion solidify its position as a dual-listed energy powerhouse.
Brookside Energy’s record-breaking cash flow, soaring production, and strategic U.S. expansion solidify its position as a dual-listed energy powerhouse.
Reaching over 5,000 BOE/per day at the SWISH Project is encouraging and reflects the hard work of our team,” said Brookside’s Managing Director, David Prentice.
Another well pays out as Brookside takes on a full-field development of Oklahoma oil.
The well-funded energy explorer stamps in another resource as it works on commercialising its strategically located Alaskan assets.
A large resource upgrade is expected be shortly followed as Elixir gets its appraisal program back on track for a novel multi-TCF gas play.
A multi-well deal with Continental is expected to flow cash to Brookside before Christmas as it embarks on its own full field development.
The arrival of the Halliburton fleet marks the next phase of unlocking Elixir’s new idea for a multi-TCF gas play.
Unconventional Grandis gas is believed to be the deepest unstimulated Australian onshore flow ever recorded east of the Perth Basin.
An initial review of the Piedra Redonda gas field reveals a best estimate resource of 404 billion contingent cubic feet and 2.2 trillion of upside.
Coal cuttings from the primary Grandis targets greatly exceed expectations and provide a large, innovative increase to the contingent resources.