Brookside Energy (ASX:BRK) has reported its Wolf Pack Well produced approximately 40,000 barrels of oil equivalent (BOE) over its first 30 days, generating more than US$2.5M in revenue.
The company says its beat expectations, with rates rising to at least 1,500 BOE per day, comprising 80% oil, natural gas and natural gas liquids.
Brookside Energy's Managing Director, David Prentice says they're extraordinary results for its first development well:
"The productivity of this well further cements our SWISH AOI acreage as world class and underscores the very significant value that we have now built in the large inventory of low-risk high-return proved undeveloped locations within our acreage position that are available to monetise."