Bruins Well Delivers Oil and Gas Sales, Boosting Brookside’s Cash Flow
Brookside Energy has successfully established first oil and gas sales from its Bruins Well in Oklahoma’s Anadarko Basin, marking a swift and on-budget achievement that strengthens its production base and cash flow.
- First oil and gas sales from Bruins Well in Anadarko Basin
- Spud-to-sales achieved in just 14 weeks, on budget and schedule
- Bruins Well is Brookside’s ninth operated well in the SWISH Area of Interest
- New production contributes to Brookside’s cash flow and growth strategy
- Ongoing monitoring of flow-back and production rates to follow
Brookside’s Bruins Well Reaches Key Production Milestone
Brookside Energy Limited (ASX – BRK) has announced a significant operational achievement with the first sales of oil and gas from its Bruins Well, located in the company’s SWISH Area of Interest within the prolific Anadarko Basin of Oklahoma. This milestone comes just 14 weeks after the well was spudded, underscoring the company’s efficient and disciplined approach to development.
The Bruins Well is Brookside’s ninth operated well in the SWISH acreage and the first to be drilled and completed in 2025. The rapid transition from drilling to sales, delivered safely, on budget, and on schedule, highlights the company’s growing operational maturity and its ability to execute its low-cost, high-margin development strategy effectively.
Strengthening Production and Cash Flow
With Bruins Well now contributing to cash flow, Brookside is reinforcing its production base in a competitive US onshore oil and gas market. The company’s Managing Director, David Prentice, emphasized the importance of this achievement, noting that such execution sets Brookside apart and supports its broader strategy to grow production, build scale, and return capital to shareholders.
While initial production data is promising, Brookside will continue to monitor flow-back and early production rates closely over the coming weeks to establish stabilized output levels. These metrics will be critical in assessing the well’s long-term contribution and informing future development decisions within the SWISH play.
Context Within Brookside’s Growth Strategy
Brookside’s focus on exploitation rather than exploration, combined with its disciplined portfolio approach, has allowed the company to steadily build value through strategic acquisitions and development of oil and gas assets. The Bruins Well’s swift spud-to-sales timeline exemplifies this approach, demonstrating operational efficiency and cost control that are vital in today’s energy landscape.
As the company continues to develop its SWISH acreage, the performance of Bruins Well will be closely watched by investors as a bellwether for future wells and overall production growth. The Anadarko Basin remains a key region for US oil and gas production, and Brookside’s foothold there positions it well to capitalize on ongoing demand.
Bottom Line?
Brookside’s Bruins Well milestone signals momentum in its US growth story, with stabilized production data next to watch.
Questions in the middle?
- What will Bruins Well’s stabilized production rates reveal about its long-term profitability?
- How will this new cash flow impact Brookside’s upcoming quarterly financial results?
- What are the company’s plans for additional wells in the SWISH Area of Interest this year?
