Brookside Energy Ramps Up FMDP Operations

Brookside Energy (AU:BRK) has released an update.

Brookside Energy Ltd is advancing its Flames-Maroons Development Plan (FMDP) with completion operations underway, aiming for significant production growth by late 2024. The company is focusing on the efficient completion of four wells, using techniques like the zipper frac to optimize operations. This development is set to boost Brookside’s net production to 2,500 barrels of oil equivalent per day with 78% liquids by the fourth quarter of 2024, marking a transformative period for the company.

For further insights into AU:BRK stock, check out TipRanks’ Stock Analysis page.