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Brookside Energy Limited (ASX:BRK)

ALERT: Price-sensitive ASX Announcement for BRK
Current share price for BRK : $0.400 0.02 (5.26%)+
Release
31 Jul 2026 12:06PM
Price at Release
$0.380
Full Release
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Summary
Brookside Energy Limited's Quarterly Activities and Cashflow Report for June 2026 outlines the company's financial and operational activities. The report highlights a gross operated production average of 2,376 BOE per day, with a net production average of 1,404 BOE per day after royalties. Significant cash flows from operating activities amounted to $933,000 for the current quarter, largely driven by receipts from customers amounting to $9,795,000. However, the company also faced substantial payments for production, staff, and corporate costs, amounting to $5,920,000, $1,201,000, and $1,164,000 respectively. Investing activities resulted in a net cash outflow of $571,000, while financing activities noted a cash outflow of $310,000 primarily due to on-market share buy-backs. As of June 30, 2026, cash and cash equivalents stood at $14,522,000. The report also details the company's financial facilities, shareholder structure, and an extensive schedule of wells in operation.
Key Points
  • Gross operated production averaged 2,376 BOE per day.
  • Net production averaged 1,404 BOE per day after royalties.
  • Receipts from customers amounted to $9,795,000.
  • Payments for production costs were $5,920,000.
  • Net cash from operating activities was $933,000.
  • Investing activities resulted in a net cash outflow of $571,000.
  • Financing activities noted a cash outflow of $310,000.
  • Cash and cash equivalents at the end of the period were $14,522,000.
  • Comprehensive schedule of wells and operational status included.
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.