Brookside Energy Limited (BRK)

Overview

Brookside Energy Limited is a dynamic company primarily engaged in the exploration, production, and appraisal of oil and gas projects. Established in 2004 and based in Perth, Australia, the company has focused its operations in the Anadarko Basin in Oklahoma, United States, where it exploits the rich oil and gas reserves. Initially known as Red Fork Energy Limited, it underwent a strategic rebranding to Brookside Energy Limited in June 2015. This change marked a new chapter in the company’s mission to develop valuable oil and gas assets and secure lucrative acreage opportunities for leasing and development, underlining its commitment to growth and innovation in the energy sector.

Products and Services

• Exploration

Brookside Energy focuses on the discovery of new oil and gas fields within the Anadarko Basin, employing cutting-edge technology and geological expertise. This foundational activity underpins the company's growth strategy, seeking to expand its portfolio of hydrocarbon resources.

• Production

The company proceeds to extract oil and gas from its proven reserves in Oklahoma. Through the application of efficient production methods, Brookside Energy aims to maximize the output and profitability of its assets, ensuring a stable supply of energy resources.

• Appraisal

After discovery, Brookside Energy undertakes appraisal activities to assess the commercial viability of its oil and gas finds. This critical stage involves drilling additional wells and conducting detailed analyses to accurately estimate the volume and quality of the hydrocarbons present.

• Leasing and Development of Acreage Opportunities

Brookside Energy is also engaged in the strategic leasing and development of promising acreage within the Anadarko Basin. This encompasses securing rights to explore and exploit specific areas, followed by the initiation of development plans to tap into the underlying hydrocarbon resources.