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The Markets
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Oil & Gas

Brookside Energy commences drilling at Rangers Well, step closer to production

Brookside has set and cemented the surface casing for the Rangers Well and is now focused on drilling the vertical extent of the bore before striking out laterally toward the Sycamore Formation, which it believes holds oil and rich gas depo

Brookside Energy Ltd (ASX:BRK) has begun drilling at its second well in the SWISH Area of Interest (AOI) in the world-class Anadarko Basin - the high-impact Rangers 36-25 SXH 1 Well.

Operations are continuing safely and without incident. Now that the company has set and cemented the surface casing for the well, and installed and tested the well head and blowout preventer (BOP) stack, drilling has begun in the vertical section of the well.

As of about 7.30 am CDT on Tuesday, December 21, 2021, the well was drilling ahead at a depth of approximately 8,640 feet. BRK will continue to drill vertically until the kick-off point at 9,800 feet, after which the intermediate casing will be set.

From there the company intends to continue drilling to build the well bore curve and land in the target formation.

About Ranger’s Well

The Rangers Well is a Black Mesa Energy (a controlled subsidiary of Brookside) operated well being drilled by Kenai Drilling Company in Stephens County, Oklahoma.

The well is being drilled as a mid-length horizontal well targeting the Sycamore Formation at an average depth of about 9,750 feet.

It will be drilled to a projected measured depth of approximately 17,750 feet, with about 7,500 feet of lateral section drilled in the Sycamore that will subsequently be cased with production tubing to be perforated and treated to allow production of oil and rich gas.

About Brookside Energy

Brookside Energy) is developing oil and gas assets in the United States, with a particular focus on its 'core of the core' holding in Oklahoma's world-class Anadarko Basin.

The company has a ‘real estate development’ approach to acquiring prospective acreage in the basin and plans to value-add by consolidating leases and proving up oil and gas reserves.

Brookside has embarked on a potential five-year, 20-plus well development drilling program across its three operated development areas within the SCOOP Area of Interest, a region that encompasses its holding within the Anadarko Basin.

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