Perth-based Brookside Energy (ASX:BRK) has announced an increase in gross operated production at its SWISH Project in Oklahoma's Anadarko Basin.
The company's output has surged by 178% from 1,807 barrels of oil equivalent per day in the September quarter to over 5,000 BOE per day.
The rise in production is attributed to the successful introduction of four new wells—Fleury, Maroons, Iginla, and Rocket—under the company's Flames Maroons Development Plan.
The wells, focusing on the Sycamore Lime and Woodford Shale formations, have collectively achieved a spot rate of 4,300 BOE per day, with approximately 77% comprising liquid hydrocarbons.
In the initial flow back, testing, and optimisation phase, the FMDP wells have produced more than 164,000 BOE, with 84% being liquid.
The company reports that 10.6% of the fluid used in the stimulation process has been recovered.
"These early results from our FMDP wells mark a company-changing step forward for Brookside. Reaching over 5,000 BOE/per day at the SWISH Project is encouraging and reflects the hard work of our team," said David Prentice, Brookside's Managing Director.
Brookside Energy continues to focus on building production momentum as the wells are expected to meet pre-drill modelled rates shortly.
Brookside Energy is engaged in the exploration, production and appraisal of oil and gas projects. It operates in the oil and gas sector through its activities in the industry focused on the mid-continent region of the United States.
At the time of reporting, Brookside Energy's share price was $0.445.