Brookside Energy Limited (ASX: $BRK) has announced the successful payout of its Wolf Pack 36-25-1S-4W SXH 2 Well within thirteen months of commencing production. The well achieved this milestone despite being drilled during a period of peak drilling and completion costs. The Wolf Pack Well delivered gross sales volumes of approximately 424,000 BOE in its first thirteen months of operation, generating revenues of over US$21 million at an average realized price of US$50/BOE.
We are delighted to report on this impressive milestone for the Wolf Pack Well. Achieving payout in just thirteen months is a remarkable achievement and is even more noteworthy given that it was accomplished during a period of peak drilling and completion costs. The exceptional initial and sustained production rates, coupled with strong liquids yields, have driven these results and this is testament to the quality of our SWISH AOI acreage and the great work of our team and service providers to identify, secure and then efficiently develop these very high quality reserves. This success once again underscores our commitment to delivering significant value to our shareholders and investors as we move into full field development of our SWISH AOI acreage.
Brookside Energy Limited (ASX: $BRK) has achieved a rapid payout for its Wolf Pack Well, with the well paying out within thirteen months of commencing production. The impressive initial and sustained production rates, along with strong liquids yields, have contributed to this milestone. The Wolf Pack Well delivered gross sales volumes of approximately 424,000 BOE in its first thirteen months of operation, generating revenues of over US$21 million at an average realized price of US$50/BOE. This success highlights the company's commitment to delivering significant value to its shareholders and investors as it moves into full field development of its SWISH AOI acreage.