Brookside Energy (ASX:BRK) is an exploration and production company that acquires and develops producing oil and gas assets and leases and develops the acreage opportunities.
The company has a growing acreage position in the Anadarko Super Basin in the US, which is recognised as a leader in terms of oil and natural gas production. Current production for the region is estimated to be in the order of 600,000 barrels of oil equivalent per day.
Brookside enables businesses to own part of a world-class oil and gas resource play, with a leasing target of more than 8,000 acres. The company has already seen US$1.8m in acreage sales.
Michael Fry – Chairman
Michael Fry holds a Bachelor of Commerce degree from the University of Western Australia, is a Fellow of the Financial Services Institute of Australasia, and is a past member of the Australian Stock Exchange. He has extensive corporate and commercial experience, financial and capital market knowledge and a background in corporate treasury management and current serves as Non-Executive Chairman of Challenger Energy Limited (ASX:CEL) and Norwest Energy NL (ASX:NWE).
David Prentice – Managing Director
David Prentice has more than 25 years’ experience in commercial management and business development within the natural resources sector, working for some of Australia’s leading resource companies. Mr. Prentice has served in high-level commercial and operational roles in a number of publicly-listed and unlisted companies and has gathered extensive experience in the US on-shore oil and gas exploration and production sector.
Loren Jones – Non-Executive Director
Loren Jones has worked in finance and administrative roles with ASX-listed companies, stockbroking and corporate advisory services for the past decade. She is also a Partner and Company Secretary of Cicero Corporate Services, a Non-Executive Director of Red Fox Capital and serves as Company Secretary for VTX Holdings and Aphex Minerals.