Brookside Energy Delivers Fast-Tracked First Sales from Bruins Well in Oklahoma

Key Highlights:

• First oil and gas sales established from Bruins Well in Brookside’s SWISH AOI
• Spud-to-sales milestone achieved in just 14 weeks—on time, on budget, and safely
• Ninth operated well marks continuation of Brookside’s low-cost, high-margin strategy
• Early production data to be reported once flow stabilizes
  
   

Thursday, June 5, 2025 – Brookside Energy Ltd (ASX: BRK) has added a fresh chapter to its U.S. operations, announcing first oil and gas sales from the Bruins Well, located in its SWISH Area of Interest (AOI) in the prolific Anadarko Basin, Oklahoma. The milestone marks the company’s ninth operated well and the first brought online in 2025, reinforcing its disciplined development model focused on cost control and speed.

Delivered in just 14 weeks from spud to sales, the Bruins Well reflects Brookside’s operational consistency and project management strength—particularly notable given the volatile commodity environment and rising industry service costs. The achievement adds an immediate revenue stream while solidifying Brookside’s production base.

“Reaching first sales from Bruins just 14 weeks after spud is a tremendous result—delivered safely, on budget, and on schedule,” said Managing Director David Prentice. “It’s another strong step forward in our strategy to grow production, build scale, and return capital.”

Execution at the Core of the Strategy

Brookside’s development approach, as seen in Bruins, focuses not on high-risk exploration, but rather exploitation of proven plays within tightly defined geographic and geological targets. The SWISH AOI, part of the broader SCOOP (South Central Oklahoma Oil Province) region, is already home to several high-performing wells drilled by the company over the last few years.

While initial flow-back and production rates are yet to be stabilized, management has confirmed that monitoring is underway and data will be disclosed once meaningful metrics are available. Investors will be watching these numbers closely, as stabilized flow rates often provide clearer guidance on potential reserves and long-term economics.

Market Context and Capital Discipline

As of midday Thursday, BRK shares were trading at $0.385, down 1.28%, with a market cap of $36.87 million. Despite a -35.83% return over the past year, the company’s focus on asset monetization and lean execution has kept it well-positioned in a challenging junior oil and gas environment.

Brookside continues to operate through its wholly-owned U.S. subsidiary, Black Mesa Energy, which brings decades of onshore U.S. energy experience. Their ability to repeatedly deliver wells like Bruins, on time and within budget, is a testament to the team’s operational maturity.

Outlook

With Bruins now contributing to cash flow, Brookside is expected to build further scale in the SWISH AOI. The company’s low-cost, high-margin development model is designed for resilience—and in an industry where execution separates contenders from pretenders, Brookside is making its case.