MARKETS

Brookside and Stonehorse break even

BROOKSIDE Energy’s Jewell well onshore Oklahoma has produced 250,000 barrels of oil equivalent in its first six months generating net revenues of US$9.03 million, giving it payout in under six months of operation.

Jonathon Davidson

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Brookside notes the success comes from high production rates and decade high commodity prices. Its share of net revenue is 80.4%. Stonehorse Energy holds the rest. "The results are a testament to the...

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