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Highlights:
- Brookside Energy Ltd has reported robust production figures from its Flames Maroons Development Plan wells in the Anadarko Basin, Oklahoma.
- The four new wells have generated approximately US$4.3 million in revenue and produced about 80,000 barrels of oil equivalent (BOE) since flowback and testing began last month.
- Daily production is currently around 3,900 BOE per day, with early indicators suggesting strong potential for sustained output from the Woodford Shale and Sycamore formations.
Brookside Energy Ltd {OTC:RDFEF} has announced a strong start to production at its Flames Maroons Development Plan (FMDP) wells, located within the SWISH Project in the Anadarko Basin, Oklahoma. Since the commencement of flowback and testing last month, the four new wells have collectively generated approximately US$4.3 million in revenue and produced around 80,000 barrels of oil equivalent (BOE), with a notable 87% of this total consisting of liquids.
Current daily production levels stand at approximately 3,900 BOE, with less than 6% of the stimulation fluid having been recovered to date. This early production performance has prompted optimism within the company regarding the potential for sustained output, particularly from the Woodford Shale and Sycamore formations.
The Sanford Pad wells are demonstrating encouraging results, with 75% of the total lateral length completed in the Woodford Shale. This formation is typically characterized by longer initial production timelines compared to the Sycamore Limestone. Brookside Energy’s management remains positive about the ongoing development and performance of these wells as they continue to assess their production capabilities.
