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Brookside Energy (ASX:BRK) completes multi-stage stimulation of Flames Well

ASX News, Energy
ASX:BRK      MCAP $66.70M
23 June 2022 09:29 (AEST)

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Brookside Energy (BRK) has completed the multi-stage hydraulic stimulation of its Flames Well within the Anadarko Basin in Oklahoma, USA.

The well marks Brookside’s third in the SWISH area of interest, which lies in Carter County. The Flames Well is controlled by Brookside’s subsidiary, Black Mesa Energy, and was drilled by Kenai Drilling Company.

Brookside’s contractor, Producers Services Corp (PSC), has completed the next step in the work schedule, with the multi-stage hydraulic stimulation of the Flames Well now finalised.

The reservoir has been successfully stimulated, with the equipment now being rigged down and demobilised. Brookside said each stage of the stimulation was completed as planned.

The company’s next steps will involve the move in and rig up of a coiled tubing unit. Brookside then plans to mill out the isolation plugs for each stage and begin circulation and well bore clean up operations.

The company will then be able to set about beginning the recovery of the hydraulic stimulation fluid from the well.

This final stage of the operations is expected to take a maximum of three weeks to complete.

Brookside said all operations were proceeding on schedule and had been completed safely and without incident.

Brookside Energy last traded at 1.4 cents on June 22.

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