OPERATIONS

Brookside boasts record payout times

AUSTRALIAN minor oil and gas producer Brookside Energy told shareholders on Wednesday it had reached a major milestone at its non-operated wells across the Anadarko Basin of Oklahoma, US.

paul hunt

The smallcap has reached ‘payout' across eight of its wells, meaning the company had recovered all costs of leasing, exploring, drilling, and operating the wells. It is unknown what percentage of...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.