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Brookside Energy (ASX:BRK) commences flow-back operations at Jewell Well

Energy
ASX:BRK      MCAP $64.32M
02 September 2021 09:00 (AEST)

Source: Brookside Energy

Brookside Energy (BRK) has commenced flow back operations at its Jewell Well, located in Oklahoma’s Anadarko Basin.

The company recently completed the clean-up of the well, which was successful and on schedule. the clean-up removed any remaining debris from the milling operations.

Operations to flow the well through temporary facilities on location have started, with stimulation fluids beginning to be recovered. Temporary facilities are specifically designed to remove sand and other debris from the stimulation fluids are being used during initial flow-back.

Managing Director David Prentice is pleased to have another milestone to have been met successfully at Jewell Well.

“It is also very pleasing to see oil and gas observed in the temporary facilities at such an early stage in the completion fluid recovery phase,” Mr Prentice said.

“We are looking forward to bringing updates from the flow-back to our shareholders as we start to flow the well through our permanent production facilities on location and commence sales of oil and gas.”

Just before the market opens this morning, Brookside last traded at 3.1 cents per share.

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