- Dual-lister Brookside Energy (BRK) is advancing preparations for its upcoming oil and gas excavation campaign at the Jewell Well in Oklahoma
- Pre-completion operations are said to be underway and proceeding on schedule
- Works include pressure and mechanical testing of equipment and mobiling and rigging up its cold tubing unit
- Brookside is waiting for its contracted well production services team to arrive on site and has moved to on to establishing pressure and circulate fluid to clean up the wellbore
- Brookside Energy shares are up 3.23 per cent to trade at 3.2 cents
Dual-lister Brookside Energy (BRK) is advancing preparations for its upcoming oil and gas excavation campaign at the Jewell Well in Oklahoma.
In an announcement to market this morning, Brookside advised pre-completion operations at the Anadarko Basin site were “underway and proceeding on schedule and without incident.”
The preparations come as what is hoped to eventually be a five year 20-well development drilling programme across its three development areas.
Part of this initial works includes pressure testing the equipment, mobilising and rigging up its coiled tubing unit and mechanical integrity testing of the production casing.
The company has moved on to establishing pressure and circulate fluid to clean up the wellbore.
Brookside is waiting for its contracted well production services team to arrive on site.
Initial wells drilled in the area of interest are set to target one of two primary producing formations in the area it has coined the Sycamore formation.
Brookside Energy shares were up 3.23 per cent at 10:41 am AEST to trade at 3.2 cents.