Quarterly Activities and Cashflow Report - June 2026

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Stock Brookside Energy Ltd (BRK.ASX)
Release Time 31 Jul 2026, 12:06 p.m.
Price Sensitive Yes
 Brookside Energy Ltd 2Q2026 Financial Report
Key Points
  • Group Net Production declined by 3% but revenue increased by 24% due to higher commodity prices.
  • Suttles two-well pad construction complete, Sabres Well spudded post-quarter.
  • Cash at quarter end remained stable at A$14.52 million.
  • On-market share buy-back completed, reducing share count by 2%.
  • PCAOB audit nearing completion for proposed U.S. listing.
Full Summary

Brookside Energy Ltd's 2Q2026 report shows a 3% decline in Group Net Production to 127,732 BOE, with gross operated production remaining flat at 216,196 BOE. Net sales volumes dropped 10% to 124,565 BOE, but the blended realized price surged 38% to US$42.69/BOE, boosting revenue by 24% to US$5.32 million. Cash receipts fell slightly to A$9.80 million, and net operating cash flow declined to A$0.93 million. The company completed the Suttles pad, spudded the Sabres Well, and advanced its Riverbend leasehold. Cash remained stable at A$14.52 million, and the company acquired 1.90 million shares in a buy-back. The PCAOB audit for a proposed U.S. listing is nearing completion.

Outlook

Brookside Energy is well-positioned to transition from drilling to first sales, with the Suttles pad complete and the Sabres Well spudded. The company aims to finalize its U.S. listing and continue disciplined capital allocation.