Brookside Energy (AU:BRK) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Brookside Energy has announced the nearing completion of drilling for the final well in the Gapstow Full Field Development, managed by Continental Resources, with production projected to start in early Q4 2024. Upon commencement, the development is expected to significantly boost Brookside’s output by approximately 150 barrels of oil equivalent per day, with a majority being liquids, for the initial two years. In tandem with drilling, Continental has initiated construction of tank batteries and completion operations for the previously drilled wells.
For further insights into AU:BRK stock, check out TipRanks’ Stock Analysis page.
