Brookside Energy revs up drilling potential with fifth DSU in hot SWISH Play

• Brookside Energy adds fifth drilling spacing unit (DSU) to its SWISH Play acreage within Oklahoma’s Anadarko Basin
• The new DSU is adjacent to and contiguous with Brookside’s existing Jewell and Bruins DSUs
• It boosts Brookside’s inventory of high-quality, low-risk development drilling locations within the SWISH Play by about 26%

Special Report: Brookside Energy is on a roll in its SWISH Play acreage within the world-class Anadarko Basin with addition of a fifth drilling spacing unit (DSU).

The new 960 acre (388.5 hectare) DSU is next to and contiguous with Brookside’s (ASX:BRK) successful Jewell and Bruins DSUs, significantly enhancing its core operating position in this sought-after area of Oklahoma.

This strategic addition boosts Brookside’s inventory of high-quality, low-risk development drilling locations within the high-impact SWISH Play by about 26%.

Initial acreage within the new DSU has been secured through Brookside’s active and highly effective leasing program, which has been targeting areas prospective for multiple stacked pay zones, including the proven Sycamore-Woodford interval.

Laying the groundwork for future development, BRK has also lodged initial regulatory filings with the Oklahoma Corporation Commission.

Planning is already underway to secure, design and construct a multi-well, all-weather pad to support the efficient development of this new DSU.

Once mandated, initial development is expected to consist of two horizontal wells with ~8000-foot laterals – one targeting the Sycamore formation and one the Woodford Shale – drilled on a northwest diagonal trajectory.

This plan mirrors the highly successful approach used by American company Continental Resources in the nearby Courbet and Gapstow DSUs. It also reflects Brookside’s capital-efficient, dual-zone development strategy.

Managing Director and CEO David Prentice said: “The addition of this fifth DSU is another strong step forward in the execution of our strategy to grow production, build scale and return capital.

“We’ve proven that our development model is efficient, repeatable and capital disciplined, and we’re now scaling that success.

“With additional drilling inventory secured, new sub-play potential emerging, and preparations underway for our listing on the NYSE, we’re well positioned to deliver the next phase of value for shareholders.”

More upside in view

News of the new DSU closely follows Brookside announcing that it is monitoring activity in two emerging sub-plays within the SWISH Play – the Simpson Group and Caney Shale.

While they are still early in their evolution, these zones offer potential to deliver significant additional value across Brookside’s broader acreage footprint.

Earlier this month Brookside made its first oil and gas sales from Bruins Well within its SWISH acreage just 14 weeks after it was spudded.

This article was developed in collaboration with Brookside Energy, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.