BRK Price sensitive 2 Apr 2025, 8:17 AM

Brookside Energy Advances Bruins Well Operations

Brookside Energy Ltd

Brookside Energy Advances Bruins Well Operations

Key points

  • Drilling operations completed ahead of schedule
  • Production casing successfully installed
  • Well reached planned total measured depth of 16,718 feet

Full summary

Brookside Energy Limited (ASX: BRK) has announced a significant operational milestone for the Bruins Well located in the high-impact SWISH Area of Interest (AOI) in the Anadarko Basin, Oklahoma. Drilling operations have now been completed, and the well has been safely secured, with production casing successfully run and cemented in place. The well successfully reached its planned total measured depth (TD) of approximately 16,718 feet, with the lateral accurately positioned within the targeted Woodford Shale. Numerous oil and gas shows confirm pre-drill expectations for the Bruins Drilling Spacing Unit (DSU). Importantly, drilling operations were executed safely and efficiently, achieving target depth and successfully installing production casing in just 30 days--well ahead of schedule. This achievement underscores Brookside's ability to execute with discipline and cost control, driving value for shareholders. Kenai Rig 19 is now being demobilised as Brookside prepares for the next phase--construction and installation of surface production facilities--positioning the Bruins Well for the commencement of completion operations and, ultimately, production and cash flow generation.

Outlook

Brookside Energy remains focused on delivering optimal production and cash flow outcomes from the Bruins Well in the near term.

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