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Brookside Energy (ASX:BRK) recovers oil and gas during initial flow-back at Flames Well

ASX News, Energy
ASX:BRK      MCAP $61.93M
21 July 2022 09:27 (AEST)

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Brookside Energy (BRK) has recovered oil and gas at its Flames Well in the Anadarko Basin, Oklahoma, during the start of flow-back operations.

The company began preparing for flow-back operations last week and said since then, operations have proceeded on schedule, safely and without incident.

The Flames well is the third in the company’s SWISH Area of Interest and is flowing to temporary facilities on location as the stimulation fluids are recovered.

The temporary facilities have been designed to remove sand and other debris from the fluids.

Moving forward, Brookside said it planned to turn the well to permanent production facilities to continue recovering stimulation fluids and begin oil and gas sales.

“This is a significant milestone in our SWISH HBP program, with the Flames Well (our longest lateral drilled to date) successfully drilled, cased, and completed for production and now set to be turned to sales,” Brookside Managing Director Dave Prentice said.

“Our team in Oklahoma continues to deliver first-class results, highlighting that our small but very experienced team can bring these big wells online efficiently and maximise the potential of the oil and gas resource contained within our world-class land holdings in the southern SCOOP.”

Brookside shares last traded at 1.6 cents on July 20.

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