Brookside Energy (AU:BRK) has released an update.
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Brookside Energy has reported significant growth in its oil and gas production from its SWISH Project in Oklahoma, with a cash inflow of A$10.1 million and a closing cash balance of A$13.7 million for the quarter ending September 2024. The company has also secured a US$25 million credit facility to support its expansion efforts and announced a US listing to attract international investors. With these strategic moves, Brookside is well-positioned to enhance its market presence and financial stability.
For further insights into AU:BRK stock, check out TipRanks’ Stock Analysis page.
