- Brookside Energy (BRK) is one step closer to drilling the high-impact Jewell well
- The company has now completed the construction of the all-weather multi-well pad and access road
- Additionally, the hole for the conductor casing has been drilled and 75 feet of a 20-inch conductor casing has been set
- The drill rig chosen for the program is preparing to be mobilised to the well, located in the Anadarko Basin, Oklahoma
- Just before the market opens, Brookside is trading at 2.9 cents per share
Brookside Energy (BRK) is one step closer in drilling the high-impact Jewell well.
The well form parts of the Brookside’s wider SWISH area of interest in the Anadarko Basin, located near Oklahoma City.
The company is currently preparing the well for drilling and has now completed the construction of the all-weather multi-well pad and access road.
A well pad refers to an area of land that has been cleared of all trees and other obstacles and designated for natural gas or oil extraction.
Brookside’s subsidiary, Black Mesa, cleared a 137-square-metre area and covered the land in around 2700 tonnes of crushed limestone to ensure it remains operational in all weather conditions.
The oil and gas explorer began the construction of the drilling pad in March.
Additionally, the hole for the conductor casing has been drilled, and 75 feet of 20-inch conductor casing has been set.
Earlier this month, Brookside assigned leading U.S. drill contractor Latshaw Drilling to carry out the drilling program at the project.
The drill rig intended for the program is currently being prepared to be mobilised to the well.
Just before the market opens, Brookside is trading at 2.9 cents per share.