Brookside Energy (AU:BRK) has released an update.
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Brookside Energy has successfully completed the stimulation of its multi-well Flames-Maroons Development Plan (FMDP) in the Anadarko Basin, on time and within budget. The company is now preparing for the flow-back phase and anticipates first sales by late Q3 to early Q4 of 2024, with a projected growth in net production to 2,500 barrels of oil equivalent per day by Q4. This development is set to significantly boost Brookside’s production and revenue, marking a key advancement in the company’s operations.
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