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Brookside Energy (ASX: $BRK) provides drilling update for Rocket Well

Overview of Brookside Energy's latest drilling update


Brookside Energy Limited (ASX: $BRK) has announced the successful completion of the intermediate section drilling for the Rocket Well as part of the Flames-Maroons Development Plan (FMDP) in the southern SCOOP Play in the Anadarko Basin. The company is currently progressing with the lateral section drilling of the Rocket Well, maintaining safety, budget adherence, and timeliness.

Executive commentary on the drilling progress


The successful completion of the intermediate section drilling and the ongoing progress in the lateral section drilling of the Rocket Well mark significant milestones for our Flames-Maroons Development Plan. We are pleased with the operational efficiency and adherence to safety and budgetary considerations. The FMDP is a crucial multi-well drilling program targeting the highly productive Sycamore Lime and Woodford Shale formations in the SCOOP area of the southern Anadarko Basin, and we remain committed to delivering on its objectives.

Summary of Brookside Energy's drilling update and future outlook


Brookside Energy's update on the Flames-Maroons Development Plan demonstrates steady progress in the drilling operations, reflecting the company's commitment to operational excellence and adherence to timelines and budget. The successful completion of the intermediate section and the ongoing lateral section drilling signify positive momentum for the FMDP. As the company continues to focus on the highly productive formations in the SCOOP area, shareholders and investors can look forward to further updates on the program's advancements and the potential impact on the company's overall performance and strategic objectives.

BROOKSIDE ENERGY LIMITED
BRK | ASX | Energy
0.012-0.0005(-4%)
At close 05/07 (AEDT)
Market cap
$59.7M
Volume
27,708,871
DY Yield
0
PE Ratio
3.53
52 Week Range
0.01 - 0.016
1YR Return
-93.143%

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