Business news

    Brookside Energy (ASX:BRK) identifies 389 feet of net pay at Juanita Well

    Article Image

    Brookside Energy (ASX:BRK) has provided an update on activity from its Juanita Well, located within the Arbuckle Uplift – Ardmore Basin in Oklahoma.

    Brookside Energy says the well log interpretation has been completed and 389 feet of net pay (thickness of hydrocarbon-bearing reservoir rocks) has been identified across the primary, secondary and tertiary pre-drill targets.

    The company also says surface facilities are now being constructed in preparation for production testing of the well, with sales of hydrocarbons expected to start during the testing program which will take several months to complete.

    Brookside Energy’s working interest in the Juanita well is 95%.

     

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa