- Brookside Energy (BRK) begins work on surface production facilities at its Jewell Well in the Anadarko Basin, Oklahoma
- The facilities underway include oil and gas separators, the tank battery and gas lines to a nearby sales line
- Managing Director David Prentice says the team is working hard to construct and commission the facilities ahead of commencing production
- Shares in Brookside Energy closed at 2.2 cents each on June 16
Brookside Energy (BRK) has begun work on surface production facilities at its Jewell Well in the Anadarko Basin, Oklahoma.
Among these facilities are several oil and gas separators, including a horizontal, three-phase separator, vertical heater treater and vertical separator.
In addition, tankage at the well will consist of six, 400-barrel storage tanks, with tankage and process vessels situated in a steel containment dike in accordance with environmental regulations.
The company has also started construction on a roughly 2700-foot, six-inch gas line from Jewell to a tie-in point on a nearby gas line.
Brookside Energy Managing Director David Prentice said it was an exciting time for the project, with drilling and production casing successfully completed.
“The team are now working hard to construct and commission the production facilities so that we are ready to commence production and deliver oil and gas to sales as soon as the completion operations are finished.
“The timing appears to be perfect with West Texas Intermediate touching $71 per barrel and natural gas hitting $3.20.”
Shares in Brookside Energy last traded at 2.2 cents each at market close on June 16.