Source: Brookside Energy
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Brookside Energy (BRK) says drilling operations at its Rangers Well in Oklahoma are proceeding on schedule
  • Located in the SWISH area of interest in the Anadarko basin, Rangers is Brookside’s second well in the region
  • The company says the Rangers Well curve successfully landed in the target Sycamore formation at the designed depth
  • Brookside intends to drill ahead in horizontal wellbore as part of its forward operations to eventually allow production of oil and gas
  • Shares last traded at 1.9 cents on December 30

Brookside Energy (BRK) says drilling operations at its Rangers Well in Oklahoma are proceeding on schedule.

Located in the SWISH area of interest in the Anadarko Basin, Rangers is Brookside’s second well in the region.

The well is operated by Black Mesa Energy, a subsidiary of Brookside, with drilling undertaken by Kenai Drilling Company.

The company says intermediate casing has been successfully set and cemented at designed depth and the Rangers Well curve was subsequently landed as planned at a measured depth of 10,260 feet in the target Sycamore formation.

Brookside intends for Rangers to be drilled to a projected measured depth of around 17,750 feet. Approximately 7500 feet of lateral section drilled in Sycamore will then be cased with production tubing to be perforated and treated to allow the production of oil and rich gas.

The company also says operations are underway to trip out of the hole to pick up the assembly required for drilling of the lateral portion of the wellbore.

Shares last traded at 1.9 cents on December 30.

BRK by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX holds green gains and signs off in the sunshine

The ASX200 closed .6 of a per cent up with every sector finishing in the green…
The Market Online Video

Infini Resources gearing up for UAV geophys survey over Portland Creek

Infini Resources has announced its execution of an application for UAV-based geophysical surveys over its Portland…

Week 18 Wrap: Fed prompts joy and pain; modern monetary theory gains traction & Brent takes a breather

The big stories that mattered in Week 18 of 2024 – plus a selection of headlines…