Bruins Well production facilities under construction

Key points

• Construction of permanent production facilities progressing on schedule
• First production and sales expected in the current quarter
• Bruins Well to contribute to Brookside's production and cash flow profile

Full summary

Brookside Energy Limited (ASX: BRK) has provided an update on the Bruins Well, located in the company's SWISH Play in the Anadarko Basin, Oklahoma. Construction of permanent production facilities, including separators, heater treater, and oil storage tanks, is progressing on schedule. The construction and hook-up activities are advancing, including preparations to tie the Bruins Well into nearby gas sales infrastructure. Operations remain on track and continue to be conducted safely and without incident, maintaining Brookside's strong operational record. The company will finalize the construction and testing of the surface production facilities in readiness for well completion and production. Completion equipment will then be mobilized, and Cudd Energy Services, an experienced US-based provider, will undertake the completion program targeting the Woodford Shale. Completion operations are scheduled to commence in mid-May, positioning the Bruins Well for first production and sales shortly thereafter. The Bruins Well is expected to contribute to Brookside's production base and cash flow profile in the near term, complementing the company's operated and non-operated portfolio across the SWISH Play.

Outlook

The Bruins Well is expected to contribute to Brookside's production base and cash flow profile in the near term, complementing the company's operated and non-operated portfolio across the SWISH Play.