- Brookside Energy (BRK) says drilling operations at its Rangers Well in Oklahoma are proceeding on schedule
- Located in the SWISH area of interest in the Anadarko basin, Rangers is Brookside’s second well in the region
- The company says the Rangers Well curve successfully landed in the target Sycamore formation at the designed depth
- Brookside intends to drill ahead in horizontal wellbore as part of its forward operations to eventually allow production of oil and gas
- Shares last traded at 1.9 cents on December 30
Brookside Energy (BRK) says drilling operations at its Rangers Well in Oklahoma are proceeding on schedule.
Located in the SWISH area of interest in the Anadarko Basin, Rangers is Brookside’s second well in the region.
The well is operated by Black Mesa Energy, a subsidiary of Brookside, with drilling undertaken by Kenai Drilling Company.
The company says intermediate casing has been successfully set and cemented at designed depth and the Rangers Well curve was subsequently landed as planned at a measured depth of 10,260 feet in the target Sycamore formation.
Brookside intends for Rangers to be drilled to a projected measured depth of around 17,750 feet. Approximately 7500 feet of lateral section drilled in Sycamore will then be cased with production tubing to be perforated and treated to allow the production of oil and rich gas.
The company also says operations are underway to trip out of the hole to pick up the assembly required for drilling of the lateral portion of the wellbore.
Shares last traded at 1.9 cents on December 30.