Brookside boasts record payout times

AUSTRALIAN minor oil and gas producer Brookside Energy told shareholders on Wednesday it had reached a major milestone at its non-operated wells across the Anadarko Basin of Oklahoma, US.

Brookside boasts record payout times Brookside boasts record payout times Brookside boasts record payout times Brookside boasts record payout times Brookside boasts record payout times

 

The smallcap has reached ‘payout' across eight of its wells, meaning the company had recovered all costs of leasing, exploring, drilling, and operating the wells.