Brookside Energy Ltd has notched another milestone at the SWISH Area of Interest (AOI) in the Anadarko Basin of Oklahoma, successfully completing the drilling, casing and cementing of the Bruins Well.
The well was drilled to its planned total measured depth (TD) of about 16,718 feet, with the lateral part of the well positioned accurately within the targeted Woodford Shale.
Observed oil and gas shows have confirmed the company’s pre-drilling expectations for the Bruins Drilling Spacing Unit (DSU).
Importantly for BRK, the well was completed within just 30 days, with drilling safety and efficiently executed well ahead of schedule, demonstrating the company’s discipline and cost control.
Demonstration of “operational excellence”
"Successfully completing the drilling phase ahead of schedule underscores our team’s operational excellence and ability to create shareholder value through disciplined execution,” Brookside Energy managing director David Prentice said.
“The Bruins Well represents a key step in unlocking the full potential of our Bruins DSU, and we remain focused on delivering optimal production and cash flow outcomes from this well in the near term."
BRK is now mobilising the Kenai Rig 19 as it prepares for the next phase – construction and installation of surface production facilities – positioning the Bruins Well for a swift completion of operations, and subsequently production and cash flow generation.
Focused on exploitation not exploration, the Brookside says it seeks to generate shareholder value through a disciplined portfolio approach to the acquisition and development of oil and gas assets and the leasing and development of acreage opportunities.