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Brookside Energy Limited (ASX:BRK)

ALERT: Price-sensitive ASX Announcement for BRK
Current share price for BRK : $0.420 -0.14 (-25%)+
Announcement
Release
15 Apr 2026 8:22AM
Price at Release
$0.560
Full Release
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Summary
Brookside Energy Limited has secured a drilling rig, Kenai Drilling Rig 18, for its upcoming two-well development program at the Suttles pad within the SWISH Area of Interest in the Anadarko Basin, Oklahoma. The development will target the Sycamore and Woodford formations with plans for 1.5-mile lateral sections. The project aims to seamlessly transition from drilling to production, with surface facility preparations underway to support this goal. The rig will transition to Brookside's site post its current engagements. This marks another phase in the company's expansion strategy in one of North America's prolific hydrocarbon regions, with the overall objective of increasing production and shareholder value.
Key Points
  • Rig 18 contracted for SWISH AOI development
  • Two wells to be drilled at Suttles pad targeting Sycamore and Woodford formations
  • Operations planned for seamless transition from drilling to production
  • Site preparations and surface facility designs are advancing
  • Brookside Energy's ongoing expansion strategy in the Anadarko Basin
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.