logo-loader
Brookside Energy Ltd

Brookside Energy progressing well with land leasing and development strategy

Brookside Energy Ltd (ASX:BRK) managing director David Prentice speaks to Proactive Investors about achieving first payout in just 11 months from a well forming part of the company's STACK play in the Anadarko Basin area of Oklahoma, USA.

Prentice describes the milestone as, "a remarkable achievement in the current pricing environment... further endorsement of the quality of the oil and gas reservoirs in the Anadarko Basin."

He continues, "this is obviously going to lead to significantly more reserves per well, and then ultimately to higher valuations per acre, which is really what our business model is all about."

Quick facts: Brookside Energy Ltd

Price: $0.01

Market: ASX
Market Cap: $11.99 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Brookside Energy Ltd named herein, including the promotion by the Company of Brookside Energy Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Brookside Energy consolidates high-grade position within Anadarko Basin

Brookside Energy Limited (ASX:BRK) managing director David Prentice updates Proactive Investors on a recent milestone in leasing and acquisition activities within the SWISH Area of Interest (AOI) in the prolific oil & gas region of Anadarko Basin, Oklahoma. “We’ve been able to grow...

on 9/7/19

RNS

Holding(s) in Company

6 days, 9 hours ago

Holding(s) in Company

2 weeks, 5 days ago

Total Voting Rights

2 weeks, 5 days ago

Employee Benefit Trust Dealing

3 weeks, 3 days ago

Year End Trading Update

3 weeks, 5 days ago

New London Office

on 17/7/19

2 min read