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Brookside Energy: Secures first sales from Wolf Pack Well, Oklahoma | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Brookside Energy: Secures first sales from Wolf Pack Well, Oklahoma

Brookside Energy Secures first sales from Wolf Pack Well, Oklahoma

  • Brookside Energy (BRK) completes the first sales from its Wolf Pack Well in Oklahoma, just three months after spudding
  • The company told investors today it had established commercial production and sales during the early part of its flow-back operations on the well
  • Production has begun into permanent facilities, and the company says it has recorded “very encouraging” flow-back rates so far
  • Material volumes of oil and gas have been sold already, and sales are expected to continue concurrently with flow-back operations
  • The company shares are trading at 1.2 cents at 2:03 pm AEDT

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