Brookside Energy Ltd (ASX:BRK)'s David Prentice joins Proactive after the Rangers well in Oklahoma's Anadarko Basin exceeded 1,000 barrels of oil per day in early flowback. Just 17% of the well’s stimulation fluid has been recovered to date, but the asset has already generated around US$2.4 million in income as West Texas Intermediate pricing exceeds US$100 a barrel. Prentice says Rangers' strong early performance further validates his team's ability to monetise high-quality oil and gas prospects. In other news, Brookside's Jewell well achieved payout in under six months, while the nearby Flames asset is readying for completion.
Brookside's Rangers well hits production milestone and brings in strong early revenue