Brookside Energy adds Casey Capital as major shareholder, forms Mark Casey-led advisory board
Casey Capital joins Merchant Funds and The Twentieth Century Motor Company as substantial shareholders in Brookside.
Company
Brookside Energy Ltd
ASX:BRK
Brookside Energy Ltd (ASX:BRK) is focused on the oil and gas sector in the mid-continent region of the United States.
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Brookside Energy’s oil and gas production results confirm productivity in the SCOOP Play
Results from the parent well will enable Brookside to book significant proved undeveloped reserves.
Brookside Energy shares surge on achieving sustained production from Anadarko Basin wells
The results support Brookside’s acreage selection methodology which is key to its acreage acquisition and revaluation business model.
Brookside Energy achieves payout for its well in the Anadarko Basin plays in 11 months
For a well to return 100% of the drilling and completion capital in just 11-months in the current pricing environment is remarkable.
Brookside Energy reveals strong initial production rates for two wells
Production has now been established in fourteen of sixteen completed wells.
Brookside Energy will use sale proceeds of US$1.475 million to continue aggressive US leasing strategy
The company has achieved around US$15,300 per acre for the sale of the RA Minerals Royalty Acreage.
Brookside Energy attracts $3.16 million for Anadarko Basin plays
Reservoirs are already being successfully exploited by companies operating on adjacent acreage.
Brookside Energy to raise funds
Brookside Energy (ASX:BRK) has been granted a trading halt by the ASX.
Brookside Energy to update on acquisition, raise capital
Brookside Energy Ltd (ASX:BRK) has been granted a trading halt by the ASX this morning, with its shares placed in pre-open.