Brookside Broadens Non-Operated Development Program

• Five new horizontal wells across Southern SCOOP, Northern SCOOP, and Cherokee Plays
• Estimated working interests range from 1% to 12%
• Total investment expected to be approximately US$3.5 million

Brookside Energy Limited, an ASX-listed oil and gas company, announced the expansion of its non-operated development program with the addition of five new horizontal wells across the Southern SCOOP, Northern SCOOP, and Cherokee Plays in Oklahoma. These new wells, targeting the Cherokee, Woodford, and Sycamore formations, are expected to enhance the company's production base and cash flow. Working interests in these wells range from approximately 1% to 12%, with an estimated total investment of around US$3.5 million. The program will be funded from existing working capital and operating cash flow.

Brookside Energy's total investment across the five wells is expected to be approximately US$3.5 million.

The successful development of these wells is expected to add to the company's production base and help build scale.