Brookside Energy (AU:BRK) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Brookside Energy Limited has successfully completed all stimulation operations for its Sanford Pad Wells, part of the Flames-Maroons Development Plan (FMDP), on time and within budget. The company is now preparing for flow-back and expects to commence first sales from all four FMDP wells by late Q3 or early Q4 2024, projecting to grow its net production to 2,500 barrels of oil equivalent per day (BOEPD), with 78% liquids, by the end of 2024.
For further insights into AU:BRK stock, check out TipRanks’ Stock Analysis page.
