Brookside Energy Limited's Bruins Well Delivers Ahead-of-Schedule Results with Robust $5M Future Net Income and 67% Return Potential
Wednesday, July 23, 2025
at
8:15 am
Brookside Energy Limited has successfully drilled its ninth SWISH Play horizontal well in Oklahoma, achieving early production ahead of schedule and under budget. This milestone reinforces the company's strong cash flow outlook and effective execution strategy, appealing to investors seeking consistent performance in a challenging market.
Brookside Energy Limited has achieved a significant operational milestone with its ninth operated horizontal well in the SWISH Play, the Bruins Well. Located in the Woodford Shale interval of its high-impact acreage in the Anadarko Basin, Oklahoma, the well was drilled ahead of schedule and under budget, reflecting the strong execution capabilities of the company’s operations team. The early production phase has met expectations with approximately 36,900 barrels of oil equivalent produced thus far, of which nearly 71% are liquids, generating around US$1.25 million in gross revenue. The well also recorded a peak production rate of about 1,040 barrels of oil equivalent per day within the first 24 hours, with a slightly lower rate of 750 barrels per day at 30 days.
The technical performance of the Bruins Well has been underpinned by a conservative lifting regime, designed to flatten initial decline, lower lease operating expenses during the flowback period, and maximize overall recovery from the well. At current market pricing (with crude oil around US$68 per barrel and natural gas at US$3.50 per thousand cubic feet), the project demonstrates robust economics. The Bruins Well’s gross reserves are estimated at roughly 1,100,000 barrels of oil equivalent (with 58% liquids), potentially delivering a future net income of about US$5.0 million and a net income of US$2.8 million in the first 12 months. Additionally, the well is projected to achieve an attractive rate of return of approximately 67%, with an estimated payout period of around 3.75 years and an economic life of 25 years.
This successful outcome is part of Brookside Energy Limited’s broader strategy within the SWISH Play, which currently spans five operated drilling spacing units and includes plans to develop 19 additional high-impact locations. The efficient and cost-effective development of the Bruins Well not only reinforces the company’s ability to generate resilient returns and cash flow even in a lower commodity price environment but also supports internal funding for future projects alongside ongoing capital return initiatives, such as the recently announced share buyback program.
From a sentiment perspective, the news carries both bullish and bearish elements. Bullish sentiment is driven by the early production success, robust project economics, and the operational efficiency demonstrated by achieving results ahead of time and under budget. The strong technical indicators and potential for high net income, attractive return on investment, and short payout period add to this positive outlook. On the other hand, some caution may be warranted given the forward-looking nature of these results and the uncertainties associated with commodity price fluctuations and broader market conditions. Overall, the announcement supports a positive outlook for Brookside Energy Limited while highlighting some of the inherent risks in the sector.