Kenai Rig 18 drilling the Flames Well Source: Brookside Energy
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Brookside Energy (BRK) spuds its third high-impact well in the SWISH area of interest in the Andarko Basin in the US
  • The Flames Well was spudded late last week by Kenai Rig 18, after the completion of rig-up and equipment testing
  • The well is currently drilling ahead in the vertical section of the wellbore toward the first casing point, following laying out the drill string, making up the bottom hole assembly and installing the measurement while drilling tool
  • Brookside says it plans to continue drilling to the first casing point, trip out of hole and set the surface casing and cement
  • Brookside Energy last traded at 2.4 cents on March 11

Brookside Energy (BRK) has spudded its third high-impact well in the SWISH area of interest in the Andarko Basin in the US.

The Flames Well is operated by Brookside’s controlled subsidiary, Black Mesa Energy, LLC, which is being drilled by Kenai Drilling Company in Oklahoma.

The Flames Well was spudded late last week by Kenai Rig 18, after the successful completion of rig-up and equipment testing.

The well is currently drilling ahead in the vertical section of the wellbore toward the first casing point. Operations to date have included laying out the drill string, making up the bottom hole assembly and installing the measurement while drilling tool.

Brookside said it plans to continue drilling to the first casing point, trip out of hole and set the surface casing and cement.

Brookside Managing Director, David Prentice said it’s very pleasing to see operations proceeding so promptly on this well.

“Operationally, this is the busiest period in our company’s history with simultaneous operations on two of our “core of the core” DSU’s in southern SCOOP; spudding the Flames Well and completing the Rangers Well for production at the same time,” said David Prentice.

“We are looking forward to keeping our shareholders and investors up to date over the coming weeks and months as we see these operations successfully concluded and those efforts turned into oil and gas sales.”

Brookside Energy last traded at 2.4 cents on March 11.  

BRK by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX signs off slightly down with some red blushes

The ASX200 closed the day down 0.3% Aside from consumer discretionary and healthcare, all other sectors…

D3E joins ASX as it hunts natural gas and helium in South Africa

D3E Energy will begin trading on the Australian Stock Exchange at 11 am today, having listed…
The Market Online Video

Market Update: ASX pales but health looks rosy

The ASX200 is tracking lower than expected, down nearly a quarter of a per cent.

Rincon completes heritage survey ahead of drilling in WA

Rincon completes heritage survey ahead of drilling in 4-5 weeks at its West Arunta project in…