How Will Brookside’s New DSU Transform Its SWISH Play Potential?
Brookside Energy has expanded its SWISH Play acreage in Oklahoma's Anadarko Basin by adding a fifth Drilling Spacing Unit, increasing its high-impact drilling inventory by over a quarter. This move strengthens its development pipeline ahead of a planned NYSE listing.
- Added fifth 960-acre Drilling Spacing Unit (DSU) in SWISH Play
- High-impact drilling inventory increased by approximately 26%
- New DSU adjacent to Jewell and Bruins DSUs targeting Sycamore and Woodford formations
- Plans for two horizontal wells with ~8,000-foot laterals underway
- Monitoring emerging Simpson Group and Caney Shale sub-plays for future potential
Brookside Expands Core Position in Anadarko Basin
Brookside Energy Limited has announced a significant expansion of its SWISH Play acreage in the Anadarko Basin, Oklahoma, with the addition of a fifth Drilling Spacing Unit (DSU). This new 960-acre unit sits contiguous to the company’s existing Jewell and Bruins DSUs, effectively increasing Brookside’s inventory of high-quality, low-risk development drilling locations by approximately 26%. The Anadarko Basin is widely regarded as a prolific oil and gas region, making this expansion a strategic move to consolidate Brookside’s foothold in a competitive landscape.
Targeting Multiple Stacked Pay Zones
The newly acquired DSU targets multiple stacked pay zones, notably the proven Sycamore and Woodford formations. Brookside has already lodged regulatory filings with the Oklahoma Corporation Commission to establish the spacing framework necessary for development. The company’s approach mirrors successful strategies employed by major operators nearby, such as Continental Resources, by planning to drill two horizontal wells with approximately 8,000-foot laterals each. This dual-zone development strategy aims to maximize resource extraction while maintaining capital efficiency.
Emerging Sub-Plays Offer Additional Upside
Beyond the immediate DSU expansion, Brookside is actively monitoring two emerging sub-plays within the SWISH Play – the Simpson Group and Caney Shale. Although still in early stages, these zones hold potential to add significant value to the company’s broader acreage footprint. This forward-looking stance suggests Brookside is positioning itself not only for near-term production growth but also for longer-term optionality as these sub-plays mature.
Strategic Growth and Market Positioning
Brookside’s Managing Director and CEO, David Prentice, emphasized that this expansion aligns with the company’s strategy to grow production, build scale, and return capital to shareholders. The announcement also comes as Brookside prepares for its upcoming listing on the New York Stock Exchange, signaling confidence in its operational model and growth prospects. The company’s wholly owned US subsidiary, Black Mesa Energy, LLC, continues to leverage local expertise to execute this disciplined development approach.
Looking Ahead
While the company has outlined initial development plans and regulatory groundwork, specific timing and capital expenditure details remain forthcoming. Investors will be watching closely for updates on leasing, permitting, and drilling progress, as well as the performance of wells once brought online. The evolving potential of the Simpson and Caney sub-plays also adds a layer of intrigue to Brookside’s growth trajectory in the Anadarko Basin.
Bottom Line?
Brookside’s expanded drilling inventory and emerging sub-play focus set the stage for a pivotal growth phase as it eyes a US market debut.
Questions in the middle?
- What is the expected timeline and capital budget for drilling the new DSU wells?
- How might the emerging Simpson and Caney sub-plays impact Brookside’s resource estimates and valuation?
- What operational challenges could arise in scaling development while maintaining capital discipline?