Stonehorse and Brookside fully funded to drill Jewell

The US-focussed Stonehorse Energy and Brookside Energy joint venture have raised A$13.2 million via separate capital raises to go towards purchasing a working interest in the proposed Jewell Well in Carter County, Oklahoma, with drilling to kick off immediately.

Stonehorse and Brookside fully funded to drill Jewell Stonehorse and Brookside fully funded to drill Jewell Stonehorse and Brookside fully funded to drill Jewell Stonehorse and Brookside fully funded to drill Jewell Stonehorse and Brookside fully funded to drill Jewell

The two Australian companies formed a joint venture dubbed ‘Project Orion' last year, aimed at buying producing and low-cost assets in the US onshore shale patch following the oil price